Bitcoin update August 5th, 2021
Updated
Interesting to see how the 2.618 length based on the blue circles, the second red A wave's size places it just under old ATH...
You also may notice that it just bounced off the same .618 retrace level that I'm using to define that potential price move.
However, the length does not work in tune to my old post tagged below, as the "size" of the A wave starting after may 19th actually finishes around 44,900, placing the 2.618 higher than 64,000.
You also may notice that it just bounced off the same .618 retrace level that I'm using to define that potential price move.
However, the length does not work in tune to my old post tagged below, as the "size" of the A wave starting after may 19th actually finishes around 44,900, placing the 2.618 higher than 64,000.
Note
In my previous post, I drew on the Bittrex exchange, as it actually goes back much further in the past for btc dataNote
purple ABC should be red lolNote
my Bollinger bands paired with RSI, Ichimoku means if we break BELOW 40,618 then this is a throw over before a 15,000$ drop!!!Note
so wave 5? or done? it bounced on w 1Note
Purple wave 5 complete
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