Bitcoin Fib Spirals
Heres a bullish view for BTC
I was asked about BTC and these are my thoughts
I believe BTC to be in a falling wedge at the current time at the top of a downward channel
The only fundamental difference is the different fib circle locations, the earlier falling wedge move could have been preempted by a fib circle transition
Possible bear trap
The rising wedge that BTC has entered and has held ground in
The possible larger falling wedge that is in play
And my thoughts regarding how the 'long bullrun' is slowing down
Thanks for all the follows, and to those that continually are supporting my ideas
I was asked about BTC and these are my thoughts
I believe BTC to be in a falling wedge at the current time at the top of a downward channel
The only fundamental difference is the different fib circle locations, the earlier falling wedge move could have been preempted by a fib circle transition
Possible bear trap
The rising wedge that BTC has entered and has held ground in
The possible larger falling wedge that is in play
And my thoughts regarding how the 'long bullrun' is slowing down
Thanks for all the follows, and to those that continually are supporting my ideas
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