INDEX:BTCUSD   Bitcoin
I've been searching long & hard for where exactly we are in 2017's cycle. The behavior looks very familiar. The timing of it all is a bit slow.

Based on the 3 structures of fib retracements I've placed in exact comparisons to 2017, and we're clearly sitting again at the macro log 1.618 ( gold line) fib. The other fibs are there to make sure everything is to scale & you can see the patterns yourself.

I've drawn out my predictions for how we might make our way to our new target of 79.9k - it shouldn't take too long. Assuming we continue the slow moves ... 3 weeks tops?

Buckle up & look at my related ideas for why 200k is my main target. You'll be convinced too.

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