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i used tradingview's "fib circles" tool to show the curved line that bitcoin's highs have followed since the all-time high last year.
i aligned the center of the fib circles vertically with bitcoin's all-time high and then horizontally with where the descending triangle meets around mid-January.
the 2019 bull market following the low (green lines) will slowly ...
bitcoin's highs follow this line drawn using the fib tool. not going to the moon anytime soon. sorry bull ppl. also, it's a descending triangle. please stop drawing a perfect horizontal line across bitcoin's lows since december. thank you.
a little more colorful and exact with the lines. used fib charting tool simply to show the curvature in bitcoin's highs since late last year. also, we have a __descending__ triangle. i don't understand why some charters put a perfectly horizontal line charting bitcoin's low since after the spike late 2017. #bitcoin
not exact. my theory using fib. do you see it or agree?
using fib. it's not exact, but you see my theory.
i'm terrible at this, but you can see the line.