MOGTR

BTCUSD if the channel breaks then we hit fibs *SIMPLE*

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CME:BTC1!   CME比特币期货
the .618 is at 7420 and the .786 is at 6k.. those are the reasonable targets if this channel breaks and everyones hope of 10.5 and 9.7 failing to support institutional selling. if 10.5 holds then the channel will still be live.
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