Looking back at Weekly chart,
I identified some interesting patterns
(details on the charts)
Calculating the gain ratio back in the last major bull run in 2014, I got BTC at a fair value of 2800 to 1150. Below 1150 means it will break all the rules of EW and Fib fundamentals. BTC would really have gone to its death. But for now, I don't see any major push back just yet, really see the price is heading between 2800 to 1150. Best at 1150 for a great market entry
Disclaimer
Opinions only
I identified some interesting patterns
(details on the charts)
Calculating the gain ratio back in the last major bull run in 2014, I got BTC at a fair value of 2800 to 1150. Below 1150 means it will break all the rules of EW and Fib fundamentals. BTC would really have gone to its death. But for now, I don't see any major push back just yet, really see the price is heading between 2800 to 1150. Best at 1150 for a great market entry
Disclaimer
Opinions only