This chart has a lot of things going on, but the MAIN take away is that if this chart drops, 
BTC price goes Higher. What is fascinating is that the Rallies first failure was EXACTLY at the .5 Fib. That area becomes important as it is NOW resistance. Our support Zone, which I detailed earlier, is more specific here with a possible back test to $42K+. It appears as resistance here, but remember the chart is inverted so it is Support on the normal BTC chart. I still see a MINIMUM target coming in by the end of the year. While I wont give a specific price, I can give a guesstimate in the form of a ZONE. I still see BTC making another ATH between $74K-$83K (again this is a minimum and base off the Fib extensions from the prior cycle high to Bear low)
BTC price goes Higher. What is fascinating is that the Rallies first failure was EXACTLY at the .5 Fib. That area becomes important as it is NOW resistance. Our support Zone, which I detailed earlier, is more specific here with a possible back test to $42K+. It appears as resistance here, but remember the chart is inverted so it is Support on the normal BTC chart. I still see a MINIMUM target coming in by the end of the year. While I wont give a specific price, I can give a guesstimate in the form of a ZONE. I still see BTC making another ATH between $74K-$83K (again this is a minimum and base off the Fib extensions from the prior cycle high to Bear low) 
JT
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.