i applied fib timezone on: early accumulation phase to AR.
taproot will be applied on November 2021, and what's interesting that there's a line on fibonacci timezone around november. I guess September-October could be reaccumulation/redistribution phase of btc.
Perhaps it can be end of SOS (sign of strength) and continue to bull, OR bearish market correction for a week or so. but i prefer the latter since whales stopped pumping major altcoin (bnb to be precise, i mean it's broker's) on btc pair. so it's dump so whales can get discount price at the end of correction. Something like an agenda until BTC reached certain target so they could make a bull news for it. Altcoin will dumped hard as btc dominance will rise again
taproot will be applied on November 2021, and what's interesting that there's a line on fibonacci timezone around november. I guess September-October could be reaccumulation/redistribution phase of btc.
Perhaps it can be end of SOS (sign of strength) and continue to bull, OR bearish market correction for a week or so. but i prefer the latter since whales stopped pumping major altcoin (bnb to be precise, i mean it's broker's) on btc pair. so it's dump so whales can get discount price at the end of correction. Something like an agenda until BTC reached certain target so they could make a bull news for it. Altcoin will dumped hard as btc dominance will rise again
Comment:
or perhaps Novermber-Dec will be on distribution phase of BTC if it's keep going on the bull side and broke the current major resistance, like new ath and news going nuts, and even like DOGE will make a news like reached new ath or something. It's pure my speculation, who knows about what big players think