Diamond Reversal on $BTC
Updated
BTC forming a tentative diamond reversal on 3D chart right at 1.272 fib extension level, with a potential break up on or before 16th Oct, target for me would be the 0.618 fib extension and beyond.Note:
- This pattern is invalidated if there is no break post date.
- These patterns do have relative probabilities of continuing their prior trend
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Watch the BXY, approaching a range of resistance, if it falls, it may affect how bitcoin performs
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