bitcoin cycles

31 ene

Dear traders ,Bitcoin movements have their own patterns, one of them is that after a fall in a bear market, it always returns to the 0.618 level and tests it. At this moment, euphoria reigns in the market and everyone already thinks that the bull market has begun, it is true but this is only its initial phase , but the parabolic growth that everyone is waiting for begins after the breakdown of the 0.618 level for the second time. This movement also has a pattern, it happens 175 days after the Bitcoin halvening (184 on monthly chart cant make it 175), in all cycles it has always been exactly like this, and to think that in this cycle it will be different I don’t think it’s advisable, so the level of 0.618 will not be broken earlier than October 14 of this year, but for now Bitcoin will move in the range of 15-48k to shake everyone out of the market before the parrabolic phase would start.Dont trust media and other sources of information just study the charts and btc cycles and u will be earning big money!