We've now seen the reaction from the daily order block on BTC. The target for the downside is 85k, but based on Fibonacci and the imbalance left below, the stop for Bitcoin is around 93-92k. That's where long positions can be considered. If there is no reaction, the next stop will be 85-86k
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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.