robloxatvman

All 3 bull runs combined for Bitcoin top

Long
INDEX:BTCUSD   Bitcoin
Here is an interesting configuration that shows all 3 bull runs combined to a top of 200k on or near January 3rd. In regards to Fibonacci, I believe that could be the peak price. Also my reasoning for the date is how Bitcoin tops move to the next moon phase for each bull run. The orange is the 2013 bull run, the blue is the 2017 bull run, and the yellow is the current bull run when it began. Now it’s interesting to note that this bull runs prices have not closed a day below the 2013 orange line as it is aligned all the way back to July. It almost acts as a strong support that causes it to bounce hard at lowest prices! And as of today, it’s finally touching the orange, which has always proved a great bounce is coming. As weeks go by the prices merge tighter together, offering a potential price range we can expect over time.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.