BTC has been in a sideways trend for most of the weekend since the PBOC announcement.
Since the retracement hasn't broken the 23.6% fib, it is assumed the the breakout will be downwards
Since the retracement hasn't broken the 23.6% fib, it is assumed the the breakout will be downwards
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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.