Low_IQ_Trades

Bull Div & consolidation fractal for $BTC

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Shared this idea on twitter yesterday that so far panned out quite well. Bull div printed to mark the bottom of the steep correction from ~ $58k indicating more downside looking unlikely IMO.

Was surprised at how similar the sell off looked to the $42k local top, so extracted that fractal and overlaid to see if it might make a good guide for this pullback / consolidation period for BTC .

Giga bullish long term view on Bitcoin , think macro wise the chances of the bull market being over are small so bias favours another period of coiling consolidation before a further leg up to ~$72k

If this fractal plays out it will be quite satisfying clicking play on the idea and collecting my clout XP .