Best way to learning about blockchain & crypto knowledge for free here 16 questions
Could you please elaborate on what would occur if the price of Bitcoin surpasses a Fibonacci retracement level? Would this signify a bullish trend reversal, or could it simply be a temporary surge? Would investors be advised to buy more at this point, or should they exercise caution and wait for further confirmation? Also, how does the Fibonacci retracement factor into technical analysis, and how reliable is it as an indicator of future price movements? Thank you for your insights.
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