The double Bounce off Blue Fib Log!

2022년 1월 12일

This is a follow up to to my previous TA please take a quick look at this one .

Right so yesterday on the TA above I went over how powerful the blue Fib log is , I realized that every time we are on a macro uptrend and Bitcoin bounces off blue fib log it triggers massive momentum.

Now taking a deeper looker at what exactly happened during that period we can see that as early as 2010! Bitcoin most of the time creates a double bounce on the blue fib log before going higher!


2010 ! Bitcoin does a double bounce of the blue fib log before a massive move to the upside


2011 We can some sort of double reactions but this one is not very clear.


2013 a double bounce!


2017 a nearly perfect double bounce , first one didn't exactly touch but very close.


2019 , again a double bounce of the blue fig log this time taking bit longer the normal.

As you can see Bitcoin tends to do double bounces off the blue fib log before triggering massive momentum. As of this moment Bitcoin has had its second bounce off the blue fib log!