Expecting to see bitcoin reach between the 2.618 and 3.618 fib extensions. A little over if we're lucky. Same place we were in in 2020 around Aug/Sept.
Then probably after the cycle high, expecting a fast wick down to $60k or so in a few years time from now.
Probably won't be the exact same, but bitcoin cycles are real. Keep it simple. Follow the regression rainbow.
Oh yeah, don't ignore the doji candle we're forming this month :)
Then probably after the cycle high, expecting a fast wick down to $60k or so in a few years time from now.
Probably won't be the exact same, but bitcoin cycles are real. Keep it simple. Follow the regression rainbow.
Oh yeah, don't ignore the doji candle we're forming this month :)
Trade active
as always, the cycle does not lie, we continue on courseNote
Let's see if we rip through the 1.618 and get a back test as we did in all previous cycles.
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.
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.