JaySteele

Targeting .618 for entry into BTC.

BITFINEX:BTCUSD   Bitcoin
Given that the 50% to zero is not holding clearly it looks like we have a .618 move. Severe corrections commonly find bottom at or around the .618 from high. Given that futures expiration is behind us most likely the Market Makers have been accumulating BTC eyeing a reversal soon at or around the 24k level. Notable BTC shorting has been reported from major crypto exchanges portending a possible panic low coming in price which would mark the end of this bear campaign imo.
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