BTC And The Fibs

Bitcoin price action is tracking Fibonacci retracement levels closely, signaling a potential end to the recent counter-trend rally.

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At the risk of seeming like I’m grasping at straws, I noticed that the Fibs have an interesting relationship with the BTC chart.

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Zooming in closer, you can see how this has been working in recent months.

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Closer still, take note of the tinted areas. There’s a real chance that this could be “it” for the BTC counter-trend rally.

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