If we look at btc 2017 early bullrun phase, we had a lot of rips up, then a brief pullback to eiher 0,50 or 0,618 before a new rip up. and repeat. and then repeat. no real 12345, more like 12345678910111213141516
I have been waiting for this pattern for a while. By no means certain we are here now, its just a possibility