BTCUSD captive to this Fib since 7400: Bitcoin bottom at 2792 ??

2018년 12월 20일

This fib externsion series has defined/guided Bitcoin's moves since 7400.

I have been watching this fib since that peak.
It's extensions have been part of all my Ideas posted since then.
Each line has been relevant so far, and if not yet, it will be on the way back up.

The bad news is that this type of fib series usually ends at the 9.618 extension.
We are clearly slowing in the downtrend, but I do not think we have bottomed yet.

As a matter of fact, that peak at 7400 was predicated by a 9.618, which I posted back then:

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2018년 12월 20일

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A closeup of the relevance of these lines just now

2018년 12월 20일

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Nice, fib line at 3928 still very much in play

2018년 12월 21일

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Still relevant, but this line has been pierced a couple times now

2018년 12월 22일

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Continues to prove itself. If it falls below 3746 line, might be a fast drop to 3451

2018년 12월 24일

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PING ...

2018년 12월 24일

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Red Alert errr GREEN Alert, line has been pierced

2018년 12월 25일

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Update on last pic, close up of rejection at that 6.618

2018년 12월 26일

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Bulls are working to hold the 7.418 at 3746

2018년 12월 29일

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Still quite bound to this fib but with some variances After the last pierce upward of the 3928 line, it was confirmed right after with a precise ping. So we might be trying to re-sync to the fib after some wandering. I would love to see a precise ping of the line below then rocket up to the next band.

2018년 12월 30일

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Sliced through the entire band in 10 minutes :( Now trapped below it

2019년 1월 8일

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Coming back to test the top of this band which bulls really need to hold, else get trapped within band again
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2019년 2월 1일

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Back to fighting 3451.84

2019년 2월 18일

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Still in control high on candle thus far 3917, fib said 3929

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2019년 2월 19일

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So we had a decent attempt to break above this band 7 bulls want to be walking on top of the 7.236 soon, and not have to defend the 7.618

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2019년 4월 7일

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wow, still under the influence of this fib

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