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vikinsa
Nov 26, 2020 7:33 AM

BitCoin Falling From The Fibonacci Confluence Zone Short

Bitcoin / United States DollarCoinbase

Description

Traders, Bitcoin has ultimately taken a bit of correction. This may still try at least once more to go back up but so far this is the first time it is falling and that too from our FCP (Fibonacci Confluence Zone).

Lower zones are my targets on the longer term. Remeber anything can happen in the markets. If Bitcoin can go up 70% without taking a break, if USOIL can go negative then BitCoin call fall as well to those downward targets and beyond.

Here is my previous idea.



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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Comments
lamsa66
Thank you for your insights into this I hope it goes down further ! Also how far down do you think Gold will go from 1800
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