Therefore, after BTCUSD surged to $45,800, the price began to adjust itself, and at the time of writing, it is trading steadily around $43,300.
From the analysis chart, we can see that the upward trend, although not as strong as before, is still intact. BTCUSDT is currently aiming to test around the Fibonacci 0.618 level. Once again, we can hope that the price will recover from this level with an expected increase to $59,488.
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