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BITCOIN - FINAL CHANCE TO BUY BITCOIN? | 61.8% FIB / EQUILIBRIUM

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Analysis
  • 61.8% local fibonacci retracement met, serving as a bounce region
  • Equilibrium (symmetrical triangle) pattern forming post crash
  • Multi-day, post-crash consolidation winding pattern to reset indicators and oscillators
  • Stochastic at oversold levels and about to reverse
  • Inverse head & shoulders pattern close to completion with the right shoulder formation almost complete


Conclusion: All signs point to a final low being made and an explosive move up to finally break out of this consolidation period and push up through $40,000 and towards the next hurdle at $50,000.

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