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Another look at bitcoin bottom targets
Equal measured moves on a log scale project out to a target between the low 8000's and the mid to high 6000's
Fib projection and extension broadens the range a bit, and help us to identify some key levels inside the zone, as well as pinpoint interim resistance.
Hourly close above the 0.5 at 10450 would be a contra-indicator.
Fib projection and extension broadens the range a bit, and help us to identify some key levels inside the zone, as well as pinpoint interim resistance.
Hourly close above the 0.5 at 10450 would be a contra-indicator.
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