I used the Fibonacci extension tool to determine the next target for Bitcoin based on the Elliot Wave Theory.
Wave 3 should send around $29,000.
Wave 5 around $35,000.
We see weakness on the retrace and strength on the recovery.
More on the chart.
Namaste.
Wave 3 should send around $29,000.
Wave 5 around $35,000.
We see weakness on the retrace and strength on the recovery.
More on the chart.
Namaste.
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