It seems with this last move we have surpassed the 79% retrace of the bull run. Is the end near?! No one can say, but I think it is soon!
With all this manipulation, it's hard to keep in mind that Crypto is the cash cow for many and all this talk of death makes me smile :)
Something else to note, capitulation began shortly after entering the .618 reversal timezone. Now, we find ourselves entering the .705 Fib Time Zone.
Daily volume has certainly picked up, even on the buy side.
Will this bring with it the winds of change?
Only time will tell.
Something to keep an eye on.
Good luck, traders! Stay safe.
With all this manipulation, it's hard to keep in mind that Crypto is the cash cow for many and all this talk of death makes me smile :)
Something else to note, capitulation began shortly after entering the .618 reversal timezone. Now, we find ourselves entering the .705 Fib Time Zone.
Daily volume has certainly picked up, even on the buy side.
Will this bring with it the winds of change?
Only time will tell.
Something to keep an eye on.
Good luck, traders! Stay safe.
