Fibonacci retracement long term projection $BTC $BTCUSDT $BTCUSD

Bitcoin / TetherUS BINANCE:BTCUSDT

atisz85

What if we apply the Fibonacci retracement levels in advance and we adjust the low for the current cycle to the next cycle so that it is the N+1 level.
So the current (N) 0.382 becomes the next (N+1) 0.236. Which give us roughly 120k. I am curious how this plays out.

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