Price reached the btc 0.0047 and corrected back to the 23.6% level that was rejected cleanly, not to mention that the uptrend was rejected as well. Fibonacci applied to the last major corrective wave down as well as the most recent corrective wave down to btc 0.0019 shows the major resistance. It is where two retracement levels are inline at btc 0.009. Therefore, the potential gain from the current price could be over 100% in the short to medium term.
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