A close look at the weekly chart , price looks like a correction to the fib retracement of 0.618 also close to an unmitigated supply zone coupled with the formation of a rising wedge, should price react to the downside it may appear like BTC is yet to bottom with a long term downside projection to 6-7k
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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.