This is a follow-up to my previous TA which I will link down below. It is very much possible that a blow of top scenario plays out around 100k and if that does happen then the chances of that been a intracycle top increases dramatically.
If price does pop at around 100k on June 8th 2021 and then comes back down to the 0.5 Fib and holds, the intracycle top theory can quite possibly become a reality , interesting times ahead!
Fibonacci Time Zone Dates :
June 8th 2021 - 104k
October 12th 2021 - 59k
April 13th 2021 - 260k
"There is no top for Bitcoin as there is no bottom for fiat"
If price does pop at around 100k on June 8th 2021 and then comes back down to the 0.5 Fib and holds, the intracycle top theory can quite possibly become a reality , interesting times ahead!
Fibonacci Time Zone Dates :
June 8th 2021 - 104k
October 12th 2021 - 59k
April 13th 2021 - 260k
"There is no top for Bitcoin as there is no bottom for fiat"
Note
April 13th 2022 - 260k not April 2021
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.