BITCOIN BOUNCE | OVERSOLD, WICK REJECTION, FIB CHANNEL MOVEMENT

SI is heavily oversold and due a bounce

Price is wicking off price levels showing signs rejection and reversal

FIB Channel is being respected and is also showing signs of a reversal

Targets follow fib channel, 50% level and top of channel (100% level) or within the bounds

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Short Term: Long
Mid Term: Short
Long-Term: Neutral