BTCUSD found cloud resistance on the weekly Ichimoku Cloud.
These cloud settings are based on the 656-hour Sidereal month.
The last time Bitcoin made a parabolic run like this off the bottom of the bear market lows it saw a 40% correction:
These cloud settings are based on the 656-hour Sidereal month.
The last time Bitcoin made a parabolic run like this off the bottom of the bear market lows it saw a 40% correction:
- 30% correction takes the price to $6350
- 33% correction takes the price to $6100
- 40% correction takes the price to $5450
