BCTUSDT - Possible retracement

BTC has reached the profit target of 161.8 of the move. A correction is due. Usually, we see three peaks - the Bulls and the Bears struggle to change or resume the trend. I imagine something like this price will come down and bounce back up to the last fib level then fall to the overlapping price extensions of the corrective waves after the major move. Here we find a 127% PE & a 161.8% Support and a TL at 3650-3660. Worth a shot for a long position. Then we may see a retest of the 5000 level or maybe a HH to 5280ish.











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