This is the most likely scenario for Bitcoin

Bitcoin's Analysis


1/16/20231 min read

In the 30-minute timeframe, there is a support zone in the orange box (50% to 26.6% Fibonacci range) that seems to complete wave B. After the completion of wave B, wave C will begin. In our opinion, this is the most likely scenario. To reach high targets, a pump is needed in the support range.

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