Bitcoin
Long
Updated

BTCUSD 1H w/ Fib Patterns 7/16

301
Possible bottom? Losing downward momentum. Also have a 1/2 3/4 5 count for a C leg.
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Currently following a 23.6-09-50 pattern.
Target is 10.950
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Price hit 382, but didn't hit 146, so far none of the patterns hit, next target is 50, then perhaps a 236 bounce but it could also keep pushing through.
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