Using a fractal from earlier this year, we see BTC following the same PA as it made earlier this year.
Takeaways - Bitcoin making HTF HH HL - Bitcoin chilling an consolidating in the fib golden pocket (0.5-0.618) - 50% retracement but keeping bullish structure in tact - potential bullish divergence - Macro trendline may serve as resistance for the rest of the bullrun - Red Christmas, New year dump, january pump
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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.