Vertical areas of accumulation identified by trend-based fib tim
Monthly sorting time scale
Extension of Fibonacci based on the first pulse of 2010 2011
Trend-based fib time extensions based on the time elapsed between the first and second halving
It is impressive to see how reliable Fibonacci extensions based on the first bullish movement of 11 years ago are still relevant and accurate, and they have been throughout the evolution of the Bitcoin price
Vertical extensions it shows that twice in the past the zone between 0.618 and 0.786 have been areas of accumulation, we have just entered the third and if this is confirmed it will be interesting to observe this new dynamic in the future
Note that the tenkan and the SSA of the ichimoku cloud that is just beginning to form Signal a strong support at $10,000, while the cloud continues to form bullish supports until 2028, the year of the 5th halving
Extension of Fibonacci based on the first pulse of 2010 2011
Trend-based fib time extensions based on the time elapsed between the first and second halving
It is impressive to see how reliable Fibonacci extensions based on the first bullish movement of 11 years ago are still relevant and accurate, and they have been throughout the evolution of the Bitcoin price
Vertical extensions it shows that twice in the past the zone between 0.618 and 0.786 have been areas of accumulation, we have just entered the third and if this is confirmed it will be interesting to observe this new dynamic in the future
Note that the tenkan and the SSA of the ichimoku cloud that is just beginning to form Signal a strong support at $10,000, while the cloud continues to form bullish supports until 2028, the year of the 5th halving