The Final 8/1 Gann Fan (Bitcoin)
Well I didn't think I would be making this TA so soon but Bitcoin always does the unexpected.
We are on the final 8/1 Gann Fan. This is the true test. If we do break this ratio and test it as support, we can officially call the start of the final phase of the bull run.
As you can see I have set out some Fib Time zones , these have not been tested on count 2 yet so the first date we have is August 31 2021. Lets see if we get a reaction of that Fib date it is possible that this is the date when we hit the 8/1 Gann .
If we do break the 8/1 on this date or the week following there is a much higher chance we peak at 150k December to January 10 2022 .
If we don't break it the next Fib date would be November 9 2021 , if the 8/1 is broken around this date we can move the cycle peak sometime between May-August 2022
at 200k .
Something to check is a very powerful indicator has flashed a buy with a very high success rate which on average has a 30 day delay to it , it's free on the public library search for "hash ribbons'' been using it for a long time and it's mind blowing how good it is.
As always check out Bitcoin Roadmap.
We are on the final 8/1 Gann Fan. This is the true test. If we do break this ratio and test it as support, we can officially call the start of the final phase of the bull run.
As you can see I have set out some Fib Time zones , these have not been tested on count 2 yet so the first date we have is August 31 2021. Lets see if we get a reaction of that Fib date it is possible that this is the date when we hit the 8/1 Gann .
If we do break the 8/1 on this date or the week following there is a much higher chance we peak at 150k December to January 10 2022 .
If we don't break it the next Fib date would be November 9 2021 , if the 8/1 is broken around this date we can move the cycle peak sometime between May-August 2022
at 200k .
Something to check is a very powerful indicator has flashed a buy with a very high success rate which on average has a 30 day delay to it , it's free on the public library search for "hash ribbons'' been using it for a long time and it's mind blowing how good it is.
As always check out Bitcoin Roadmap.
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