Is Bitcoin repeating the 2018 Bullrun structure? Fibs and volume
The big Volume spikes can be used as a local bottom indicator. In the bear market after 2018 BTC bounces 4 time of off the .786 before rolling over. Currently, we've had one bounce from the .786 and BTC may be getting ready for another bounce. If we follow the same trajectory, we are going to spend some time playing with the .786. If you see BTC rolling like rolling stone on the .786 in the next 12 months - get ready because the bottom is coming.
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