meatstriker

BTC/USD Will previous 2 bull runs repeat itself?

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COINBASE:BTCUSD   比特幣
Did some simple TA using Fibs and Support/Resistance lines. Noticed that previous two bull runs retraced back to 61.8 Fibs. Second bull run ran until it hit previous -61.8 extension level. Will this current bull run, run until previous -61.8 Fibs level then retrace back to 61.8% Fib Level? If anyone could critique on my theory it will be great. Thanks
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