Hi all,
I wanted to send out a revised publication here. I published an earlier version of this chart, but have revised the current fibonacci levels. BTC is currently finding resistance at the 618 Fib extension. I also included every peak to trough extension using Fibonacci tool. You can see only once in 2018 BTC was able to rally above 61.8%.
We have broke through the 100 Day MA. If we break above the 100% extension at 4,400 this is early signal bottom is in! All analysis in chart. Hope you enjoy!
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Cheers,
Bobby