As we can see BTC is losing power on the high time frame but i wouldn't be surprised to see a retest of the grey zone before ultimately plummeting lower to the fib extension.
No candle body closed above the .78 and we had two touches. Also matched with the fact that we are in only phase 2 of the market cycle and have yet to see the true alt season, I highly believe this extension will be met.
Note: I have had this plotted for a few months and figured id share as a told you so in a few months.
No candle body closed above the .78 and we had two touches. Also matched with the fact that we are in only phase 2 of the market cycle and have yet to see the true alt season, I highly believe this extension will be met.
Note: I have had this plotted for a few months and figured id share as a told you so in a few months.