INDEX:BTCUSD   Bitcoin
I've been searching long & hard for where exactly we are in 2017's cycle. The behavior looks very familiar. The timing of it all is a bit slow.

Based on the 3 structures of fib retracements I've placed in exact comparisons to 2017, and we're clearly sitting again at the macro log 1.618 ( gold line) fib. The other fibs are there to make sure everything is to scale & you can see the patterns yourself.

I've drawn out my predictions for how we might make our way to our new target of 79.9k - it shouldn't take too long. Assuming we continue the slow moves ... 3 weeks tops?

Buckle up & look at my related ideas for why 200k is my main target. You'll be convinced too.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.