dRends35

BITCOIN - WILL Bounce While The Cattle Run πŸ‘πŸ

Long
dRends35 Updated   
BITSTAMP:BTCUSD   Bitcoin
Here is yet another reason BTC is about to bounce.

Using this moving fibonacci ratios tool (made by mah online friend @BoneFunkenstein ), it shows that BTC has hit fib band that has NEVER been hit before. Yes you did read that correctly.

Many think that BTC is not that deep here but there are plenty of indicators showing that it is actually much deeper right here than even the previous bear market.

And how BTC bounce or even bottom when there is so much fear inflation FED rate hikes and lots of people are typing "crypto is dead" into Google.

Well thats how market cycles work, they bottom or bounce in times of fear and crash in times of greed.

See you at 40K 🐏🐏.
Comment:
LIKE / COMMENT and more TV'ers will see my work. And check out @BoneFunkenstein pages, doing a lot of good charting with this indicator.
Comment:
Also with this indicator you can see that when I made my call for BTC to hit 20K in April 2021 BTC has recently hit the highest fib. Now we're at the lowest.
Comment:
I update to different BTC threads depending on what view I'm looking at.

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