Bitcoin / TetherUS
Long
Updated

BTC: The Cycle isn't over! 175k-224k is the mark!!

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Taking our previous cycle fib levels, we can see we are having a similar stall at the 1.382 fib, before explosively making it's move to the extended 1.618 range and then some. With that said, we can safely attest to BTC reaching 175k to 224k. Nonetheless, once the upper trendline is reached, this should be the topping of this cycle. Thank you for taking your time to read this and I hope you have a wonderful day
Note
snapshot Just a bit of a clearer shot
Note
snapshot Inside on the daily, Inverse H&S neckline retest with 50ema bounce. Measured move of Inverse H&S is 170k. Bull Flag also building up
Note
snapshot After this recent push, Bitcoin will now retest the bull flag breakout and bounce around 115,763.
Trade active
snapshot Bull trap executed. We are in the correction phase now.

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