BTC hitting the 1.618 fib level before starting every bull run. This goes all the way back to when BTC was launched. We have already had more than a 50% correction in the market and this consolidation range is a textbook wyckoff accumulation forming which clearly caught many off guard.
. And lastly lets not forget how the US dollar like many other FIATs inflation rate is going up like crazy each year. Soon everyone will turn away from FIAT to more scarce and non-inflationary assets like Gold, Silver and Bitcoin.
VirtualFax
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@SpaceBlobb, let's talk again when BTC starts hovering around 15K. Which, btw, doesn't mean that it can't go even lower than that.