MarkusLaubenthal

61.8% retracement level at around 8K

KRAKEN:XBTUSD   XBTUSD
Considering we are currently in a correction, triggered by a fifth Elliott Wave , our 61.8% retracement level should be at around $8K.

Also there is a nice bigger support waiting for us + we are currently in a wedge , wandering right into the 8k area. Prices might stabilize.
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