The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant ...

Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...

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Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). There is more to the world of Fibonacci than the more familiar retracements, ...