This chart which was not released as I remember. I would be putting the earlier version of this chart in the update comment section. This chart shows the current situation on BTC with the current market accumulation phase.
Many are still waiting to buy around 0.236 and 0.382 area (refer to the Fibonacci level for the valuation). Pretty much, I've mentioned about...
Drew this chart about 1.5 weeks ago. The idea was that we are in the same fractal as illustrated previous to the current one and we either bounce of the major 61.8 (red wave) the upwards or 20k retest then upwards (pink wave), or break below 20k and potentially begin a multi-year bear market.
Let's see.
MA - 320 (white)
MA - 70 (red)
The resemblance of this fractal the earlier fractal is unarguable. History does not always predict the future, but this is certainly a fun little find! Next major volume nodes at $37k and $34 should the ascending broadening wedge break down.
