The market is down and does not respect the chart at all. As for Bitcoin, the monthly frame tells you it has reached its peak and this is a year of decline, so trade short-term positions or save your money until Bitcoin stabilizes at 50.
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محمد الهاشمي73
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Now the box that I drew on the Fibonacci indicator has been broken, and my predictions have come true. Now there is a possibility of a correction down to the red box, and then it will rise again. This is the first possibility. The second possibility is if the red box is broken with two red candles and it reaches the blue line that I drew, unfortunately, we will see areas of 71 and 65 thousand $BTC .