As expected, we'll see some very erratic and choppy extreme H/L
It is by no means in everyone's mind that we are at least close to approaching the bottom for Bitcoin almost certainly in the next few weeks, and anyone that's been around a awhile knows how messy and unpredictable price action can be and how frustrating it is to try and successfully trade a true reversal. So I asked myself if I were Bitcoin, what would I do? I'm almost already very sure about this first long, and I let my Fibonacci circles guide my hand from there.
The prices aren't exact, the chart is not lined up with precision. But they're in the ballpark. Of course I don't expect it to exactly follow this route but if I'm being honest, I wouldn't be surprised if it did.
The prices aren't exact, the chart is not lined up with precision. But they're in the ballpark. Of course I don't expect it to exactly follow this route but if I'm being honest, I wouldn't be surprised if it did.
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.