BITCOIN EXPOSED: BULL RUN AHEAD
Bitcoin (BTCUSD) Exposed: Moon time sooner than expected.
Wait... did you say M00N?
Loosing 66% of total value in a matter of weeks is not something nobody wants. Specially in a multi billion dollar industry and lots of Joes investing christmas money into it.
But hey, check the bigger picture. We just saw a retracement headed to the major bull trend that has remained for a couple of years already.
With these simple charts i intend to bring you some hope and good news in case you've lost a hell of money in the past days. You will see clearly the major levels affecting BTC and what you should expect in short and mid term for the king of cryptocurrencies.
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And now, let's just place a few fibonacci ratios in Bitcoin chart on top of all of that.
You can see 0.5% retracement of major bear run is very likely as the accelerated fibb ratio also points to that number.
This chart might be useless for daytraders as they like to trade the noise. Not recommended for average investors as BTC moves fast as hell. This is not for all you daytraders.
Here you will find our more fibonacci ratio levels in bitcoin/usd
I completely agree! Most of these people selling right now are whats remaining of the weak hands. Followed you since I posted an update on BTC similar to this yesterday!
Followed back mate. Let's keep the good work!