ShotGunJoe83

BTC weekly view

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ShotGunJoe83 Telah dikemas kini   
INDEX:BTCUSD   Bitcoin
Step 1 : Take the weekly BTC log chart
Step 2 : draw fibs from top 2011 to bottom 2011 , where does top 2013 occur? fib 2.272 (after boxing with 1.618 a bit)
Step 3 : draw fibs from top 2013 to bottom 2013, where does top 2017 occur? fib 2.272 ( after boxing with 1.618 a bit)
Step 4 : draw fibs from top 2017 to bottom , where does top 2021/2022 occur? ( currently boxing with 1.618) , fib 2.272 would take us to 207k by march-august

Happy trading !
Komen:
Correction :

the lower red box in 2017 should be moved to the 1.618 fib , i misplaced it at the 0.618 fib
Komen:
What's also interesting, is that the bear markets of previous cycles always seem to have ended around the point (or slighlty below ) where the bull run was boxing with the 1.618 at first. These points of interest always align with the 200 weekly ema

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