As we see on this weekly chart, the Bitcoin price passed the 0.5 Fibonacci line. it was a strong resistance level, and now we re testing as support line. Next boost will be the upcoming LTC halving, if the past helps us understanding the future, when LTC halves...BTC jump upward. We will see some big moves in the near future.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.