Expansion typically occurs between 0.382 and 1.0
Consolidation/distribution seems to be between 0 and 0.382
The 20.618 Fibonacci based trend extensions from prior bull runs line up perfectly with the peaks of the following bullruns.
Continuing this pattern projects approximately 394k per BTC in Q3/Q4 of 2023
Consolidation/distribution seems to be between 0 and 0.382
The 20.618 Fibonacci based trend extensions from prior bull runs line up perfectly with the peaks of the following bullruns.
Continuing this pattern projects approximately 394k per BTC in Q3/Q4 of 2023
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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.