BitcoinShort
Bitcoin $9.6k Top
Since the 20k high, Bitcoin has almost flawlessly followed the Fibonacci Speed Resistance Fan. The current channel it is in suggests a 9.6k top. This price is also the long-term downtrend line. I will be scaling in a short position in the 9.2k - 9.5k range. Target price is 6k.
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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.