Updated

Bitcoin Scheme XVIII

Done to test specific angle of uptrend which the fib channel is tuned to.
Also testing how time fibs might separate stages of the cycle.

Time fib settings :
Prebullrun correction (0 - 1)
Reversal (1 - 1.272)
Rapid growth (1.272 - 1.414)
ATH registration period before reversal (1.414 - 1.618)

DATES OF TIME FIBS:

1.414 (14th FEB 2021)
1.618 (31st JUL 2021)

Note

So the growth was stopped at 0.618 fib channel. If you think BTC won't go higher and correction will take longer, then I'd use this scheme below instead for best support levels.

More suitable for tracking the retracement based on general direction of patterns of the recent 3 years.

Note

Key angle worked for the scheme considering current pump.

Note

We're hours away from fib 1.414 - 14th FEB
Let's see how price action will react.

Note

Note

Target reached

Trade active

Note

Moving deeper into demand levels

Note

Reminder:
TimeFib 1.618 = 31st JUL 2021

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