Fibo is live. BTC 51-45-37 It's true that everyone has taken long positions today, but in my opinion, Bitcoin is still short at the mentioned targets.
I believe, given the engineering of Bitcoin technology and the addition of mining difficulty, this logarithmic chart implies Bitcoin's value.
I think we are facing a serious decline due to the volumes and movements of the candles and the weakness of the chart to climb.
I think in the next stage bitcoin will go down to 13725. Of course, this decrease is in the direction of correction with temporary ascents to the specified area.
Given the waves formed, I think the X-wave is coming to an end and the price will drop to around 20700.
Given the waves formed, I think the X-wave is coming to an end and the price will drop to around 28410.