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Bitcoin cycles explained by date ranges and retesting the 1.618
Bitcoin
Long
Bitcoin cycles explained by date ranges and retesting the 1.618
By tradebeertje
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Jul 28, 2021
2
Jul 28, 2021
https://www.tradingview.com/x/Uph6Xj7B/
Every bitcoin cycle gets a retest of the previous cycle 1.618 fib extension level from previous bear market low to that cycles bullrun high
The green lines pointing out those are the halving - The bullrun begins
The pink lines pointing the retest of the 1.618 + The start of the next leg up to the high of that bullrun
The red lines are pointing the bullrun highs
Now if you take those dates from previous cycle, i see the possibility of the next leg up to finish this bullrun.
Please let me know what you think of this.
Bitcoin (Cryptocurrency)
bitcoinforecast
cycle
Cycles
Fundamental Analysis
Trend Analysis
Wave Analysis
tradebeertje
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