I put a Fib extension on the monthly, and this is what it shows. I guess it could be in play if the structure breaks on the M and BTC has a true bull run. Interesting huh?
Comment:
Just realized that the FIB tools don't work well on log charts, so the 1.618 FIB extension unadjusted for log is 29.7k...
*29.7k is the correct target*
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*29.7k is the correct target*