Why do I challenge that we won't close weekly below $60,600? 👇👇'1- The last support from Gann's star is between $60,600 and $72,000. 2- The price of $66,000 is a Fibonacci support at 0.786 from the 126K peak to the 49K bottom. 3- $60,600 is a Fibonacci 1.27 extension from the 126K peak to the 74K bottom. 4- The move from $66,000 to $60,000 involves a large and massive volume accumulation.
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Why do I challenge that we won't close weekly below $60,600? 👇👇'1- The last support from Gann's star is between $60,600 and $72,000. 2- The price of $66,000 is a Fibonacci support at 0.786 from the 126K peak to the 49K bottom. 3- $60,600 is a Fibonacci 1.27 extension from the 126K peak to the 74K bottom. 4- The move from $66,000 to $60,000 involves a large and massive volume accumulation.