Trader_Johnni

BITCOIN TO REPEAT PATTERN?

BITSTAMP:BTCUSD   Bitcoin
BTCUSD. As we approach the Golden Pocket on Fib Retracement once again on the Daily I have decided to draw a comparison between the last 2 Major Bull Runs.

Blue = 2019 Bull Run Bar Pattern

Orange = 2017 Bull Run Bar Pattern

History shows us that the last 2 runs have had a major bounce within the Golden Pocket (0.5-0.618) $40318-43714 and as former Daily Support approaches im interested to know your thoughts on final retracement level.

What do you see? Continuation, Failed Double Top attempt or something new.

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