PopeyeTheTraderMan

Bitcoin and log 618 + 382 retracements

BNC:BLX   Bitcoin Liquid Index
618 log drawn from previous all time high (PATH) to peak often catches a very good bounce area to the linear 0.5/8618 area which for bitcoin would be the 47-50k area currently. Whether or not this then leads to the log 382 retracement at 20k after is debatable. Looking at this chart a break of 70k in the next 6 months would be very bullish IMO. Prob look for 250k lol
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