Nice find. Watch out. Your target 5 also happens to be when Bitcoin retraces back up to 618 (the bull trap) from the $2970, meaning leg C down. So time your target 5 and watch to enter a short position when Bitcoin also moves to leg C of fib extension.
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snoolander
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@philakone, yes totally agree with BTC leg C. Will be looking out for those shorts :)
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