Steem repeating last cycle?

Updated
So STEEM/BTC is currently doing its third wave from its great cycle.
In that third wave we are currently in the 4th wave.
I think it will take some time before it can lift off and start its 5th wave.
Basically the last time, we touched the 0.786 and then consolidated for 120+ days.
Think we have to consolidate again for a while, before this coin will lift off to the moon.
Watch the 0.786 and accumulate every time it touches that fib. level.

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