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DEJA VU #bitcoin $btc
Bitcoin
Long
DEJA VU #bitcoin $btc
By TheTraderAndy
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Updated
Oct 25, 2023
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Mar 4, 2023
Timescale Fibonacci helps you not only map by and see levels on the y axis, but also on the x-axis. Time cannot be ignored.
The similarities so far are uncanny. 0.382 fib was the approximate top, previous cycle and this.
This cycle BTC topped first on the 0.25 fib. Then the final higher-high of ~69,000$ on the 0.382 ..
Bitcoin also bottomed out around the 0.618 level..
The price action is rather similar to the previous cycle..
Breakdown, to accumulation, to fast fomo rally, into an ascending channel (not a flag), before another push higer, aka, the "echo bubble"...,
Mar 16, 2023
Comment
Fake out of the ascending channel occurred. Bullish reclaim.
Mar 28, 2023
Trade active
Broke to upside
Apr 2, 2023
Comment
Looking good
Apr 13, 2023
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What can I say.. looks pretty on track to me... Up we go
Oct 25, 2023
Trade active
Still on track
Bitcoin (Cryptocurrency)
bitcoinlong
bitcoinusd
BTCUSD
Chart Patterns
crypto
cryptomarket
dejavu
echobubble
Fibonacci
uponly
TheTraderAndy
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*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
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