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EuroMotif
Jan 2, 2021 5:10 PM

Are we there yet? BTC might finally pullback from 33k? 

Bitcoin / United States DollarCoinbase

Description

Quick post to alert of a major landmark being hit.
We have hit the next Golden ratio on bitcoin's Genesis Fib.
You don't just walk by a Golden oOne without paying homage.

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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1:

Chapter 2:

Chapter 3:

Chapter 4:

Chapter 5:

Chapter 6:


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Comment

Pullback Caught, Bounce Caught

So we got a pullback from the expected area, and a spectacular bounce off a pre-mapped support


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Zoom IN (5 min) for a closer look at the peak and bounce
Top was the Ping on dotted fib, even though it went a little higher, it has rung in that top.
The bounce was also EXACTLY from a mapped zone, off its upper bound.

Now to see if the bounce was a "wave B", with a wave C down to come yet?
So far this bull run, wave C's have not happened, or have been truncated.
Watching closely here, we are right back at the true resistance zone up here.

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Comment

Long overdue Update, but a quick comment:

32,741 is a BIG deal
as can be seen by the recent reactions, and an example of how fibs become MORE accurate with time.

That level is from bitcoin's Genesis fib
so it was "forecast at birth" to be a key level of growth,
and NOW every human/bot/indi sees it clear as day.

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Comments
foxymethoxy
I told ya...
elsacatherine007
Keep it up
lemonsqueezy
Looks like a good call!
EuroMotif
Seleme
34 is something I hope for
EuroMotif
@Seleme, Probably will get there from the looks of things, but need one more dip to form a good correction....
Seleme
@EuroMotif, yep and I expect it now.
Slippery09
Looks like it's turning now, good, stuck in a short for a while, itchy eyebrows time!! ;-)
EuroMotif
@Slippery09, LOL, hope you got your dip?
Slippery09
@EuroMotif, missed it!
Story of my life lol, waited three years for this, now I'm on the wrong side of it!!
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