Ok, so what is going on with #Bitcoin #BTC #BTCUSD? $40K represents the famous 38% Fibonacci retracement level? The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.

So Bitcoin was at ATH of $65K bout a month ago, so now the #priceretracement. So where is #BTC #Support at? $40K or the 50% #priceretracement to $32.5K...this would be very nice...then the double bottom "price" test of #BTCUSD at $32.5K and the the Power pivot back up to $65K and then on to a new ATH? Time will tell on the BTCUSD price action and or price retracement currently transpiring!     

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