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LibertaliaVentures
Jan 15, 2020 8:35 PM

Game of Bitcoin Fractals 

Bitcoin / U.S. DollarGemini

Description

If we go back in time and scan the BTC charts, comparing other retests of the 200d SMA, one fractal from June/July of 2018 stands out in particular.

Not only got it rejected at the 0.618 Fibonacci retracement and couldn’t break the SMA, it also appears to be very similar - look what happened after that bull trap back then… the capitulation to 3K.

With this in mind, hope for the best but be prepared for the “worst”.
Comments
BTC_maximalist
How possible do you think?
LibertaliaVentures
@BTC_maximalist, All can happen - hard to put a number on it. Our prefered count still is this one for now:
BTC_maximalist
@LibertaliaVentures, hmm, i am not shure, i guess around 9100 is the limit... But yes, all can happen
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