CandleSurf

CandleSurf

Looking at the historical bull cycles for Bitcoin, there is a pattern that takes place in every one of them. Price retracing down to the “golden fibs” is a normal occurrence in a bull market. The last time we saw this move was in March of ‘23, we are long overdue to see this correction on the latest impulse. A significant drop at some point can be expected....

CandleSurf

0.5 FIB rejection, weak volume support, key POC levels being targeted. Expecting drop to $23,00 - a small bounce up to the FVG level, then down again for a push under $20k.