As you can see, BTC loves the Fibonacci, highlighted with the circles - every time it touches the lines at a peak. Is this cycle ending soon? There is no way to know for sure, but it's at least a possibility. Otherwise, we may get a parabolic extended cycle?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.