Bitcoin

BTC/USD BULL AND BEAR SCENARIOS

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Hello fellow traders! Here's what I am looking at for my longs or shorts. extended fib shows we are at the 1.618 mark, so honestly I expect a pullback from here, but with all of the momentum we could smash through 30k and head to the next level at around 50k. So that is why I am posting both scenarios. I am looking mostly at confirmation of resistance/support at this 1.618 level to tell where price action may further go. Just my opinions, Good luck! :)

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