The_Paradoxed_Prophet

Bitcoin's 3rd Cycle - Logical Top?

Long
INDEX:BTCUSD   Bitcoin
Log scale is a pain to use, as measured distances get warped due to how Log scale is printed, however the channel tool is a great work around for that, along with fibs.

Quite often, even on the macro scale, 1:1 moves are very well respected.

These 3 levels are based off logical 1:1 moves, the logic is defined by previous market cycles, bitcoin respected these 1:1 moves.

I will be fluid with my investing and trading, however this is just an analysis to reflect back on to see if we respect the 1:1 move yet again.

Check the related ideas to see the previous one, we reached it, to perfection.

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