In addition, Fibonacci applied to the corrective wave up after breaking the uptrend shows that the very same price level is at 561.8% retracement. Today Bitcoin rejected the lower of the , not to mention that on a price is rejecting the 200 Moving Average.
And finally, price rejected the 2/1 Fann has acted as a support. Therefore, all the facts so far are in favor of the potential uptrend continuation and pointing out to the end of the correction.
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