BitcoinLong
BTC: Bullish cycles every 2 - 3 days
A situation like this is unfortunately unlikely. However I would like to register this idea that I had in case someone has something to comment.
The main idea above is that every 2 or 3 days (when there is a resistance) BTC jump to the next Fibonacci retracement channel.
The time span between the bullish stretches of these last 9 days is happening around 2 days to 2 days and 16 hours. Considering that there are strong resistances ahead, this time should eventually be extended to 3 days
The main idea above is that every 2 or 3 days (when there is a resistance) BTC jump to the next Fibonacci retracement channel.
The time span between the bullish stretches of these last 9 days is happening around 2 days to 2 days and 16 hours. Considering that there are strong resistances ahead, this time should eventually be extended to 3 days
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.