Throughout the history of Bitcoin there has been one fib log that holds the key to parabolic moves and that is the blue Fibonacci log.
Underestimating this Fib log on a Bitcoin uptrend is a grave mistake as you can see every time Bitcoin is on a macro uptrend and bounces off the blue Fib log it triggers massive momentum.
This is why now its most important to take notice where we are now and what is happening , we bounced off this log July 2021 and ran all the way up to 70k and right now we bounced off yet again holding as support for now.
As a bonus check out the reaction in 2019 when we bounced off it .
Underestimating this Fib log on a Bitcoin uptrend is a grave mistake as you can see every time Bitcoin is on a macro uptrend and bounces off the blue Fib log it triggers massive momentum.
This is why now its most important to take notice where we are now and what is happening , we bounced off this log July 2021 and ran all the way up to 70k and right now we bounced off yet again holding as support for now.
As a bonus check out the reaction in 2019 when we bounced off it .
Comment:
Right noticed a crazy pattern after posting this , so will post a update soon!
Comment:
check out part two
