BTC performance in this cycle 243k top
Here its a fibonacci logaritmic scenario which bitcoin will perfprm, the resistances are clear, 100k-153k-203k-243k respectively
BTC will not go much further than 243k if history repeats itself and follow the sequence, we also must notice that this bullrun is diferent, we usually see big uptrend movements to resistances and then a lateralization on those levels, this happens due to institutional governance in the market and they follow the Fibonacci retracements, so as soon as we get to 150k there must be a 20-30% max correction, also with 200k that there it can be more heavy up to 50% correction but no guaranteed, and then finally the max level of 240k as soon as we get to that point its a 100% win to put a short x2 or short x3 of btc and see all burn
March 20 150k reached
may 200k reached
big falldown
september 243k , short asap
BTC will not go much further than 243k if history repeats itself and follow the sequence, we also must notice that this bullrun is diferent, we usually see big uptrend movements to resistances and then a lateralization on those levels, this happens due to institutional governance in the market and they follow the Fibonacci retracements, so as soon as we get to 150k there must be a 20-30% max correction, also with 200k that there it can be more heavy up to 50% correction but no guaranteed, and then finally the max level of 240k as soon as we get to that point its a 100% win to put a short x2 or short x3 of btc and see all burn
March 20 150k reached
may 200k reached
big falldown
september 243k , short asap
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