We wrote about this range in the previous idea. This range can be a solid foundation for new price growth to our $3.5 target.
The current local fall wave adjusted the growth wave from December 11 by 61.8%. A rather deep correction may force the price to consolidate in the range of $2.26-2.33 for some time.
The new BTC impulse will allow buyers to continue moving in the white triangle and test $3.5.
However, whether the forces will push the price further - let's see in the next idea.
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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