dtomasino5

Fib Retracement Bounce (BTC Helping)

NASDAQ:BTBT   Bit Digital, Inc.
Just wanna show yall something else here on this fib retracement. I see one of two things happening here. Either it bounces off the 0.382 line and continues it's uptrend, OR, it retraces down to the 0.5 line and continues it's uptrend from there.

Either way, we have enough time by 9/17 for it to complete it's retracement and continue it's uptrend if you've chosen the 9/17 expiry contracts. I also think with BTC pumping, that will help it to continue the uptrend sooner, that's why I'm leaning more towards the 0.382 bounce.
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