I drew Fib channel lines that Burst price seems to have reacted to without fail since the huge pump in 2017. As far as I can see it is now out of that down trend and looking bullish. Thoughts?
When do we get excited?
I am playing around with the fibonnaci lines on the log scale to see how BTC is programmed to move. This seems to fit pretty nicely. It shows that until we break upwards out of this channel, we are in bear market.