Bitcoin's long grinding road
Had this idea already published in early August but unfortunately, it got delisted as it was accidentally submitted to DE the german TradingView, so let's hope this time it's on EN.
As price has followed quite nicely already I'd like to repost in case ..
This chart shows a fractal that is repeating the 2014-15 bear market (2nd phase) cycle in terms of Fibonacci retracements while also respecting a decade old Fibonacci time zone that has its apex (red vertical line) in Q2 of 2022, where I believe this bear market will find its ultimate end.
By scrolling out you'll be able to see the full analysis with all time zones on display, all Elliot cycles and compare both 2nd phase bear market with each other by simply the color of the fib retracement lines.
As price has followed quite nicely already I'd like to repost in case ..
This chart shows a fractal that is repeating the 2014-15 bear market (2nd phase) cycle in terms of Fibonacci retracements while also respecting a decade old Fibonacci time zone that has its apex (red vertical line) in Q2 of 2022, where I believe this bear market will find its ultimate end.
By scrolling out you'll be able to see the full analysis with all time zones on display, all Elliot cycles and compare both 2nd phase bear market with each other by simply the color of the fib retracement lines.
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