Hello!
Looking for good fits of historic harmonic patterns, and I have two fits that I like right now.
As you can see, we may be in the pink topping pattern from 2018.
We may also be in the run up to the top from May.
Biden admin just announced 2 Trillion more stimulus, implies that we have more room for the Bitcoin to go up, as the dollar goes down. Inflation devalues the USD, and creates more money to flow into bitcoin.
But... we are also expecting a good correction to destabilize the market after a parabolic run.... and that pink trace is a very nice fit.
Here it is on the 30 minute:
Good Luck!
Looking for good fits of historic harmonic patterns, and I have two fits that I like right now.
As you can see, we may be in the pink topping pattern from 2018.
We may also be in the run up to the top from May.
Biden admin just announced 2 Trillion more stimulus, implies that we have more room for the Bitcoin to go up, as the dollar goes down. Inflation devalues the USD, and creates more money to flow into bitcoin.
But... we are also expecting a good correction to destabilize the market after a parabolic run.... and that pink trace is a very nice fit.
Here it is on the 30 minute:
Good Luck!