Bitcoin Fibonacci Retracement Cycle
Updated
Hi Guys!
Let's make some experince. Pick up Fib retracement tool and hit ATH point and then hit the bottom point for
BLX. Let's repeat this for 3 ATH which are 2011, 2013 and 2017.
Did you see intresting coincidence, didn't you?BTCUSD always pulled back to fib 1.272 after crossing the ATH point.
The next ATH was at the fib 2.414 level. If this cycle repeats itself for the 3rd time, the next ATH will be in the range of 225-300k.
Let's make some experince. Pick up Fib retracement tool and hit ATH point and then hit the bottom point for
BLX. Let's repeat this for 3 ATH which are 2011, 2013 and 2017. Did you see intresting coincidence, didn't you?
BTCUSD always pulled back to fib 1.272 after crossing the ATH point. The next ATH was at the fib 2.414 level. If this cycle repeats itself for the 3rd time, the next ATH will be in the range of 225-300k.
Note
Fibonacci levels based on logaritmic scaleNote
Still at Fib 1.272 point. This can be last chance to buy #btc at 30kTrade active
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