As can be seen when a Fib Retracement is used over the Bull Market of last year the Fib 0.618 level has given resistance to the current BTC price move, also the lower trendline of the structural rising wedge formation has been rejected and price moves back under the causing the trendline to become another source of resistance.
Strong correlation! Looks like BTC is going to rise as capital flows from risk-on to risk-off assets.
COD for VPVR placed on last springs accumulation period with Fib pitchfork showing 'Golden Pocket' value. This area of confluence needs to hold if BTC is to recover to the upside.
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