“We are formally seeing the beginning of the Fibonacci pattern, the target of which looks to be the $63.7K area,” Alex Kuptsikevich, the FxPro senior market analyst, said in an email to CoinDesk. “This is close to historical highs and is unlikely to be the end of the global rally, although a significant shakeout is expected.”

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• Source: https://www.coindesk.com/markets/2024/02/14/bitcoin-traders-target-64k-as-blackrock-etf-nears-500m-in-single-day-inflow/?utm_medium=referral&utm_source=rss&utm_campaign=headlines