BTC Long hold idea.
BTC has retraced to the 0.5 Fib which is a recurrent retracement level and seems to be holding that level on the lower time frames. So as long as this holds, it is very bullish. Next targets would be the dotted fib extension levels. I would say back to 0.5 then if it brakes that it should meet other targets and therefore look for new ATH. This would aslo be very helpful for alts.
BTC has retraced to the 0.5 Fib which is a recurrent retracement level and seems to be holding that level on the lower time frames. So as long as this holds, it is very bullish. Next targets would be the dotted fib extension levels. I would say back to 0.5 then if it brakes that it should meet other targets and therefore look for new ATH. This would aslo be very helpful for alts. 
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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.