last_analog

last_analog

Theorize we have one more bottom around FIB618 at the bottom of the megaphone and resume the rally.

last_analog

Map BTC 3-day time frame for Mercury Retrograde starting Jan 5, 2016.

last_analog

Pennant breakout to $66.54 end of summer ~Aug.5. Retrace to support at $58.62 area to complete Head of Inverse H&S and up to top shoulder at 1.618 extension of 76.32. Pullback to previous ATH and support level of $66.54 for retest then $~82 by Jan 31. Total move 56%.

last_analog

I believe the next retrograde in July/Aug 2019 will hit TP1 @110 and TP2 @188.