Bitcoin support in retracement ratio of 1.272.
It has the shape of an correction A-B-C wave, and at the same time is a bullish flag pattern.
I think it can reach as much as $11030, which is a 200% expansion rate.
maintain a buying viewpoint
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Note
Bitcoin is now showing a bullish price action(PA) after filling the A-B-C correction target of 161.8%.You can set a target value up to the price range of the previous high point ($10783) or higher when you turn up the short fall line in progress at 15m TF.
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Note
Note
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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.