This is our capitulation target now. The 1.618 stretched a little lower after bitcoin went up a few percent the last few days.
Is 10,500$ a believable bottom to you? It is to me. That was our double resistance in 2019.
Do you believe it's impossible we crash that low?
Fibonnaci says its possible.
The last time bitcoin did a 1.618 capitulation we had a covid lockdown... think we'll have another one? I do.
Anyone saying this is impossible doesn't understand a market cycle.
10,500$ near November 11th right now. Plus or minus a few days. Then the next bull cycle hopefully begins.
Is 10,500$ a believable bottom to you? It is to me. That was our double resistance in 2019.
Do you believe it's impossible we crash that low?
Fibonnaci says its possible.
The last time bitcoin did a 1.618 capitulation we had a covid lockdown... think we'll have another one? I do.
Anyone saying this is impossible doesn't understand a market cycle.
10,500$ near November 11th right now. Plus or minus a few days. Then the next bull cycle hopefully begins.