May 31st Decision Time (BITCOIN)
We are coming up to the most important week of the bullrun for bitcoin , do we hold the 0.618 (fib Fan) Losing this fib level would change all Macro projections for this bullrun. May 31st is the day that could see a shift in momentum.
May 31st is a Monday, I expect a big move to start happening early hours of Monday before the trading day even starts for most. If these Fib time zones turn out to be accurate pivot points in bitcoin the next one would be January 10th 2022, the top of the Fib Band on this date will be 280k bitcoin which lines up with Plans B price prediction of 280k.
cointelegraph.com/news/288k-by-december-bitcoin-will-not-stop-at-100k-says-stock-to-flow-creator
If we do break this fib level(0.618 Fan) and starting closing weekly candles under it, next targets would be about 25k and this would be the last line that bitcoin needs to hold to keep this bull run going, a break of 0.75 Fib Fan would confirm that we are going into some kind of a small bear market.
May 31st is a Monday, I expect a big move to start happening early hours of Monday before the trading day even starts for most. If these Fib time zones turn out to be accurate pivot points in bitcoin the next one would be January 10th 2022, the top of the Fib Band on this date will be 280k bitcoin which lines up with Plans B price prediction of 280k.
cointelegraph.com/news/288k-by-december-bitcoin-will-not-stop-at-100k-says-stock-to-flow-creator
If we do break this fib level(0.618 Fan) and starting closing weekly candles under it, next targets would be about 25k and this would be the last line that bitcoin needs to hold to keep this bull run going, a break of 0.75 Fib Fan would confirm that we are going into some kind of a small bear market.
t.me/+8CRZJqXrjwU4ODA0 re-launched telegram group , it is free , just place to chillout talk about crypto bull market , will be posting trades live randomly
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.