- Uncovering the Rhythms of Bitcoin Bitcoin's recent price action has brought it to a critical juncture, testing the (P) yearly Fibonacci pivot point. In the realm of technical analysis, one tool that's capturing the attention of traders and enthusiasts alike is the Fibonacci pivot points. Derived from the intriguing Fibonacci sequence, these points have a long...
Bitcoin's (BTC) Price Movement: A Dance with Fibonacci Pivots and the Japanese 3-Year Cycle Hello everyone, In the vibrant world of cryptocurrency trading, one asset stands tall - Bitcoin (BTC). Over time, I have observed that Bitcoin's price action appears to move like a well-oiled clock, respecting certain technical patterns with uncanny precision. One such...
Time for a new update : Hello, traders. I'd like to provide an update on Bitcoin's Fibonacci pivot points for various periods, including 1 year, 3 years, and 10 years. Fibonacci pivot points are a popular tool used in technical analysis to identify potential support and resistance levels. These levels are calculated based on Fibonacci ratios and are commonly used...
Below 39 000 K Bear marcket starts The causes of a bear market often vary, but in general, a weak or slowing or sluggish economy, bursting market bubbles, pandemics, wars, geopolitical crises, and drastic paradigm shifts in the economy such as shifting to online economy, are all factors that might cause a bear market. The signs of a weak or slowing economy are...