The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. BTC faces the prospects of reaching $47,500-$50,000 based on its current trend's eerie similarity.

In a chart provided by TradingShot, the 61.8% Fib level appeared near $47,500. Meanwhile, the other chart above showed the profit target near $50,000.

For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net
Learn more about your ad choices. Visit megaphone.fm/adchoices

The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. BTC faces the prospects of reaching $47,500-$50,000 based on its current trend's eerie similarity.

In a chart provided by TradingShot, the 61.8% Fib level appeared near $47,500. Meanwhile, the other chart above showed the profit target near $50,000.

For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net

Learn more about your ad choices. Visit megaphone.fm/adchoices