There are many factors that affect the movement of Bitcoin - such as interest rates - inflation - and many fundamental factors that cannot be predicted.
This idea is nothing more than a hypothesis drawn based on Fibonacci rules and price action And if it is assumed that the future will be in favor of cryptocurrencies, this may happen
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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.