BTC/USD has formed double-threes, which is a sort of correction in the Elliot Wave Theory.
Based upon this, we can use gann fan to confirm the second [B] , which has touched the 8/1 line and rebounded back. In this case, the 8/1 acted as the resistance level for BTC/USD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.