Charted_Trades

BTC relief rally might end around 52k

BITFINEX:BTCUSD   Bitcoin
Bitcoin's relief rally is having a correction now. May be this is the 2nd wave out of total 3 in this trend.

Using the Fib.Retracement tool I can see that the golden 0.5 level is around 52k.

This might be just enough to hype again the people seeing Bitcoin above major level at 48k and than flush them all.

Who knows.

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