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BTCUSD Euphoria stage, tread carefully
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BTCUSDT historical price action shows a repeating pattern of rallying toward the 2.618 Fibonacci extension after breaking above the 100% retracement of the previous cycle. Historical Context:
- Cycle 1 (2013–2017): Reached the 2.618 extension ($3,191) in 4 months after a 136% rally post-breakout.
- Cycle 2 (2017–2021): Hit the 2.618 extension ($54,209) in 3 months with an 86% gain post-breakout.
Current Cycle (2021–Present):
- Duration: 36 months (projected breakout phase at 40 months).
- Target: 2.618 Fibonacci extension at $185,454.
- Projection: A 90% rally from the breakout point, reaching the target within 4 months.
Key Insights:
- Bitcoin has consistently peaked at the 2.618 Fibonacci extension in prior cycles.
- With the current cycle nearing the breakout phase, historical patterns suggest significant upside potential.
- If the breakout occurs, BTC could align with its cyclical tendency and achieve $185,454, marking a 90% gain.
Conclusion:
Bitcoin’s cyclical behavior and Fibonacci-based targets suggest a compelling case for a rally to $185,454 within 4 months of breaking above the 100% retracement. This projection highlights a major bullish opportunity if historical trends hold true. tradingview.com/x/8YB6yySD/
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BTCUSD 100k won’t be broken, 98k resistance holds strong end of btc back to 60k
BTCUSD follow my chat
If this ADANI indictment actually goes down, you can bet your ass that 1M support will be shattered. And of course, just in time for this mess, the useless SEBI—being the regulator or the corporate lapdog has—pull the Weekly expiry out. Oh, what perfect timing, SEBI! Keep up the great work.
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BANKNIFTY NIFTY DJTWW BTCUSD TSLASeriously 🇺🇸 ?
Ah, ADANI arrest warrant, just what we needed! Modi 3.0 really knows how to keep things interesting for crony capitalism, doesn’t it? Let’s watch this trainwreck unfold—like a Canadian standoff, but with more chaos 😂. And with the Maharashtra election results and the winter Parliament session this Christmas? Oh, this will be pure entertainment—thanks, Modi 3.0!
BANKNIFTY NIFTY BTCUSD TSLA DJT
Ah, ADANI arrest warrant, just what we needed! Modi 3.0 really knows how to keep things interesting for crony capitalism, doesn’t it? Let’s watch this trainwreck unfold—like a Canadian standoff, but with more chaos 😂. And with the Maharashtra election results and the winter Parliament session this Christmas? Oh, this will be pure entertainment—thanks, Modi 3.0!
BANKNIFTY NIFTY BTCUSD TSLA DJT