Despite it's beast fundamentals ICP's price has been suppressed since it was launched in May 2021.
Currently, Dfinity's native token somehow is having a positive trend. (wave 1)
ICP has reached the previous resistance 0.000890 BTC and BTC .D is at lows at this moment.
Therefore, I expect a 0.618 fib retracement down to 0.00062 BTC / ICP looking for some liquidity. (wave 2)
After that, it may continue its trend to - 1.618 fib. extension (0.001600 BTC / ICP ) where will face a previous and major resistance. (wave 3)
It may look for some liquidity around (0.0011 BTC / ICP ) (wave 4) before continuing its bull trend up to -6.85 fib extension (0.0039 BTC / ICP ) or -11.09 fib. extension (0.0058 BTC / ICP ). (wave 5)
Currently, Dfinity's native token somehow is having a positive trend. (wave 1)
ICP has reached the previous resistance 0.000890 BTC and BTC .D is at lows at this moment.
Therefore, I expect a 0.618 fib retracement down to 0.00062 BTC / ICP looking for some liquidity. (wave 2)
After that, it may continue its trend to - 1.618 fib. extension (0.001600 BTC / ICP ) where will face a previous and major resistance. (wave 3)
It may look for some liquidity around (0.0011 BTC / ICP ) (wave 4) before continuing its bull trend up to -6.85 fib extension (0.0039 BTC / ICP ) or -11.09 fib. extension (0.0058 BTC / ICP ). (wave 5)
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