Bitcoin
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Wonderful 61.8% And 38.2% Fibonacci Magic

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Here's an idea, the Wonderful 61.8% And 38.2% Fibonacci Magic.

Orange Circles lined up at the 61.8% And 38.2% Fibonacci Levels from the swing high of the ATH at $19,891.99 in December 2017 to the swing low of $3,130 in December 2018. (Pink Fibonacci Extension Tool)

Light Blue Circles lined up at the 61.8% And 38.2% Fibonacci Levels from the swing high on June 26, 2109 at $13,868.90 to the projected swing low of $10,903.82. (Yellow Fibonacci Extension Tool)

Remember to always, always place your trailing stops at the appropriate levels as not to get stopped out at your trades.

>>>>> Always be prepared for either scenario of upwards movement or downwards movement. <<<<<


Happy Trading Everyone.

Ron

Full Chart View:
Wonderful 61.8% And 38.2% Fibonacci Magic - Full View



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Check out these still valid mid-term outlook for Bitcoin:

Support and Resistance Lines
Bitcoin Support And Resistance Bars



The Trend-Based Fibonacci Extension Tool
Trend-Base Fib Extension Is A Magnificent Tool



Elliott Impulse And Correction Waves
Bitcoin Elliott Impulse And Correction Waves Complete


Potential Inverse Head & Shoulders Pattern
Bitcoin Inverse Head & Shoulders



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Check out these still valid long-term outlook for Bitcoin using:

Bitcoin ABC Elliott Correction Wave & Gann Boxes
Bitcoin ABC Elliott Correction Wave & Gann Boxes



Bitcoin's Most Common Reversal Levels
Be Aware! Incoming, Bitcoin Most Common Reversal Levels



Fractals: Hmmm, Pretty Similar To Me Bitcoin
Hmmm, Pretty Similar To Me Bitcoin




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Check out Bitcoin Cycles

Bitcoin Cycle Of Rise, Peak, Drop
Bitcoin Cycle Of Rise, Peak, Drop




Nota
Bitcoin wanted to use the bigger Fibonacci Extension tool. Price has reached the 61.8% Fibonacci Level from the swing high of the ATH at $19,891.99 in December 2017 to the swing low of $3,130 in December 2018. (Pink Fibonacci Extension Tool).
Time for a reversal! Bull Run, here we come!
Nota
Update:
Bitcoin Horizontal Triangle Repeating Cycles
Chart PatternsTrend Analysis

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