BTCUSD captive to this Fib since 7400: Bitcoin bottom at 2792 ??

2018年12月20日

This fib externsion series has defined/guided Bitcoin's moves since 7400.

I have been watching this fib since that peak.
It's extensions have been part of all my Ideas posted since then.
Each line has been relevant so far, and if not yet, it will be on the way back up.

The bad news is that this type of fib series usually ends at the 9.618 extension.
We are clearly slowing in the downtrend, but I do not think we have bottomed yet.

As a matter of fact, that peak at 7400 was predicated by a 9.618, which I posted back then:

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2018年12月20日

註釋

A closeup of the relevance of these lines just now

2018年12月20日

註釋

Nice, fib line at 3928 still very much in play

2018年12月21日

註釋

Still relevant, but this line has been pierced a couple times now

2018年12月22日

註釋

Continues to prove itself. If it falls below 3746 line, might be a fast drop to 3451

2018年12月24日

註釋

PING ...

2018年12月24日

註釋

Red Alert errr GREEN Alert, line has been pierced

2018年12月25日

註釋

Update on last pic, close up of rejection at that 6.618

2018年12月26日

註釋

Bulls are working to hold the 7.418 at 3746

2018年12月29日

註釋

Still quite bound to this fib but with some variances After the last pierce upward of the 3928 line, it was confirmed right after with a precise ping. So we might be trying to re-sync to the fib after some wandering. I would love to see a precise ping of the line below then rocket up to the next band.

2018年12月30日

註釋

Sliced through the entire band in 10 minutes :( Now trapped below it

2019年1月8日

註釋

Coming back to test the top of this band which bulls really need to hold, else get trapped within band again
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2019年2月1日

註釋

Back to fighting 3451.84

2019年2月18日

註釋

Still in control high on candle thus far 3917, fib said 3929

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2019年2月19日

註釋

So we had a decent attempt to break above this band 7 bulls want to be walking on top of the 7.236 soon, and not have to defend the 7.618

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2019年4月7日

註釋

wow, still under the influence of this fib

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