Three paths which decide the future of Bitcoin .
Path to 150k
In order to hit 150k by the end of year Bitcoin will need to break the 8/1 Gann ratio soon , everyday that passes under that ratio increases the probability that we will get a cycle peak mid 2022. We have a set of Fibonacci time zone dates (White lines) soon we will be coming up to the first date and find out if there is any reaction points using the week of 65k as 0 and lowest point of Bitcoin at 28k as 1 . The next date would be the week of August 30th ,if Bitcoin breaks the 8/1 Gann and tests it as support trajectory could be 150k by end of year.(Yellow sqaure)
Path to 180k
The next Fib zone date would be the week of Nov 8th by then if Bitcoin has not broken the 8/1 Gann we can say there is a very high chance that the cycle peak will be the week of June 6th 2022 . Everything comes together this date :
Top of log growth Chart
Reversed Gann Ratio 2/1 showing Genesis line (ibb.co/HTSKWS9)
4.618 Fib retracement
Lengthening Cycle theory confirmed
Aligns with Stock flow final section
Marco Fib zone dates
Path to Bear Market
Nothing is 100% in this market there is always a chance we go into a bear market , in order for that to technically confirm this second reaction wave Bitcoin is having right now needs to drop under 30k. The red square is the last date Bitcoin needs to break the 8/1 Gann Ratio in order to keep the Bull market alive.
Check out Bitcoin Roadmap which is still on point and vaild , this TA is based on that chart.
Path to 150k
In order to hit 150k by the end of year Bitcoin will need to break the 8/1 Gann ratio soon , everyday that passes under that ratio increases the probability that we will get a cycle peak mid 2022. We have a set of Fibonacci time zone dates (White lines) soon we will be coming up to the first date and find out if there is any reaction points using the week of 65k as 0 and lowest point of Bitcoin at 28k as 1 . The next date would be the week of August 30th ,if Bitcoin breaks the 8/1 Gann and tests it as support trajectory could be 150k by end of year.(Yellow sqaure)
Path to 180k
The next Fib zone date would be the week of Nov 8th by then if Bitcoin has not broken the 8/1 Gann we can say there is a very high chance that the cycle peak will be the week of June 6th 2022 . Everything comes together this date :
Top of log growth Chart
Reversed Gann Ratio 2/1 showing Genesis line (ibb.co/HTSKWS9)
4.618 Fib retracement
Lengthening Cycle theory confirmed
Aligns with Stock flow final section
Marco Fib zone dates
Path to Bear Market
Nothing is 100% in this market there is always a chance we go into a bear market , in order for that to technically confirm this second reaction wave Bitcoin is having right now needs to drop under 30k. The red square is the last date Bitcoin needs to break the 8/1 Gann Ratio in order to keep the Bull market alive.
Check out Bitcoin Roadmap which is still on point and vaild , this TA is based on that chart.
