Please read the chart to figure out the fib and correction cycles. BTC Had corrected the ath around 19k and bounced out the $5900 are. The first wave that broke the trend corrected in a similar matter to the ath, as well as the current move which seems to be almost done. If this is correct this would be the last time we see BTC at this prices. Unless the support is broken and btc falls into a rabbit hole that would make no sense to most considering the cost of mining among other variables. If you have any questions or suggestions please comment below.
Thank you.
Thank you.
Trade active:
Reversal right under the wedge and now taking targets out on the way up. We just hit the .618 this morning which is an important fib, we should see a correction to follow that shoulder come back around the .236 fib unless we move on to the next target .786 which should not happen before a correction as we found ourselves in an unsustainable trend if we continue to go up as we have done so far.
