six19trading

If anyone cares about fibs ....

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BITMEX:XBTUSD.P   Bitcoin
I draw my fibs using line charts since they use the close only
Since it was done that way I take the last macro higher high from the entire trend of 3 years which is right below 20k
This brings the .5 right above where price is currently
Its a good sign that price is consolidating right underneath since its basically knocking on the door
What do you think??

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