There seems to be an emerging bearish butterfly pattern in Bitcoin. Accordingly, we are now in the (C) region of the pattern. If this pattern is active, its target can range from 65k-67k. You can see the TP1 and TP2 points of the pattern in the image.
TP1 corresponds to the 1.272 value of this pattern.
TP2 corresponds to 1.618 of this pattern.
TP1 corresponds to the 1.272 value of this pattern.
TP2 corresponds to 1.618 of this pattern.
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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.