Bitcoin
Education
Updated

WOW 61.8 retrace 1st June 2016 and same 1st June 2019.

287
All part of the securitization and commoditization of a new asset class. DYOR. (Construction note: current hypothetical High 19891/ Low 1692.9 same ratio as earlier real High 1175/ Low 100)
snapshot
snapshot
snapshot
Note
Note: What I mean by 1st June is month of June (as is monthly chart)
Note
Here's some weekend fun.
snapshot
snapshot
Note
Bull run comparisosns using 61.8% retracements and 200 MA
snapshot
See how well 61.8 retrace June '16 match June '19 from Dec '13 & Dec '17 Highs Also how well 200 MA High June '14 match June '18 with price crossovers June '16 & June '19. All part of securitization & commoditization of new asset class NOT ADVICE DYOR
Note
Worth taking notice. Shorts have edged up. We now have the completion of a purple bordered box. What next? RSI did not touch bottom. Hmm. NOT ADVICE. DYOR.
snapshot
snapshot
Note
Downturn over, or, RSI still to finish. You decide. Details on chart. NOT ADVICE. DYOR

snapshot
snapshot
snapshot

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.