1. BTC is in process of the larger wave 4 in the form of 2 corrective waves(ABC) up to around 0.5 fib retracement area. 2. on 0.5 there is a previous wave high so it can give strong support. 3. once the wave pullback to the golden area on fib it goes to -0.618 as you can see perfectly in the previous wave. 4. trendline perfectly touching 84k area respective to April high.
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