Fib_Trades

Daily BTC-USD on Coinbase

Long
COINBASE:BTCUSD   Bitcoin
If BTC price breaks down the current bottom ($3128.89) and $4239.37 remains as the most recent top, then I expect the new bottom to be the following:

Price Target 1: $2936

Price Target 2: $2534

Price Target 3: $2131

An acceptable strategy could be setting a buy order at around $2540 and a stop loss at around $2100.

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