Yesterday i posted the 1st of many planned video's to come. The first video covered BTC at a high level, which encompassed the life cycle of Bitcoin and the many phases that make it up, which is based on my perception and what I see from the historical data.
This video is to continue off from where I left yesterday to cover some other components I have observed with the bitcoin cycle.
To recap from the previous video, I pointed out the following > The life cycle x2 and how we are moving to the 3rd life cycle and why I think we are about to complete phase 1.
Now I talk about other components that I didn't cover or just slightly touched on These are:
>Symmetrical triangle >Fib.pitchfork which gives us a channel overview and to understand how we change trends. >RSI >Common baseline \ trend line for support >Price pullback in the phases
I didn't get to cover or demonstrate the usefullness of Fib.Circles and its relevance to today. Especially around the pivotal point of 0.618, =7400 price range and its significance. That will be the video after this.
Please gives a thumbs up if you agree or like it.
Regards, S.Sari /CyptoProspa
The Charts to go with this are here"
Nota
Key point on this video, in terms of 2015. I think we are here.
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