Hi, this will be short and sweet.
Bitcoin is approching a dangerous fibonacci. On the last bull market we had a bulltrap and a retracement of 31.54%. From 7774$ to 5320$.
It's almost ridiculous to bring back those price.. but just take little attention to this in case...
This 61.8% fib is at 44685.68$, it's the purple one ! A bull trap can happen, jumping in might be very risky.
Do well and i wish you the best.
Log fibo :
-61.8% at 44685$
-76.39% at 59136$
-85.41% at 70320$
-90.98% at 78259$
-100% at 93061$
This might give a chance for a potential retracement on the daily MA21 which is around 28890$
Cheers!
Bitcoin is approching a dangerous fibonacci. On the last bull market we had a bulltrap and a retracement of 31.54%. From 7774$ to 5320$.
It's almost ridiculous to bring back those price.. but just take little attention to this in case...
This 61.8% fib is at 44685.68$, it's the purple one ! A bull trap can happen, jumping in might be very risky.
Do well and i wish you the best.
Log fibo :
-61.8% at 44685$
-76.39% at 59136$
-85.41% at 70320$
-90.98% at 78259$
-100% at 93061$
This might give a chance for a potential retracement on the daily MA21 which is around 28890$
Cheers!
Nota
This fib also been a pain in april 2013 take a look.Nota
-80%Nota
-70% in 2010Nota
Bull trap in 2018 on the 0.618 logarithmic fib. Waiting can payNota
possible 2021 pattern 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.