hello everyone. i hope everyone is ok
i will get straight to the point
as i see now. i see BTC at the bottom for the following reasons:
fibs time zone: as you see in the green vertical lines, the end of 2021 was called as the next top in the end of 2017, it was a clean shot
as you see in the red vertical lines, and in the first half of 2020 the next bottom was called to be in september - october 2022
fibs retr: as you see in the red fibs, all BTC pullback to 0.382 fib zone every time
as you see in the green fibs, all BTC retrace from 0.382 fib zone to between 1.618 and 2.618
note: but this last retracement, BTC did not go above 1.618 fib zone
patterns: BTC never below an earlier high
so my point of view:
i would say btc is bottomed, will go parabolic for few monthes, then up again to visit the 140k
but there is a small possibility that btc can visit 14k - 16k but it a small possibility then up .........
safe trading
i will get straight to the point
as i see now. i see BTC at the bottom for the following reasons:
fibs time zone: as you see in the green vertical lines, the end of 2021 was called as the next top in the end of 2017, it was a clean shot
as you see in the red vertical lines, and in the first half of 2020 the next bottom was called to be in september - october 2022
fibs retr: as you see in the red fibs, all BTC pullback to 0.382 fib zone every time
as you see in the green fibs, all BTC retrace from 0.382 fib zone to between 1.618 and 2.618
note: but this last retracement, BTC did not go above 1.618 fib zone
patterns: BTC never below an earlier high
so my point of view:
i would say btc is bottomed, will go parabolic for few monthes, then up again to visit the 140k
but there is a small possibility that btc can visit 14k - 16k but it a small possibility then up .........
safe trading