After 7 months of continuous growth, like the previous 2 Bitcoin halving periods, Bitcoin is ready to fall for 3 reasons:
1- It has completed its third five waves, now we have to wait for three falling waves.
2- Bitcoin needs to complete its golden ratio process to continue moving. It is in Fibonacci, so the area 52 to 54 is the best area to complete this trend.
3- The quasimodo pattern and also the decrease in liquidity in the last week fully confirm this trend.
1- It has completed its third five waves, now we have to wait for three falling waves.
2- Bitcoin needs to complete its golden ratio process to continue moving. It is in Fibonacci, so the area 52 to 54 is the best area to complete this trend.
3- The quasimodo pattern and also the decrease in liquidity in the last week fully confirm this trend.
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