According to wave analysis theory, now Bitcoin is in the correction trend after its 5-wave bullish growth, it may takes short but should touch Fibo 61.8%, about 38,000$, then touch the long term dynamic resistance which compresses the high/low and form a triangle to make it ready to go for higher targets which is reasonable to be 88,000$ as the height of the base of long term triangle as shown by the red lines.
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