BTC Setup from June 2019
In 2019, in the run that took place from early march to june 26th, bitcoin found support on 2/1 Gan fan level and exploded for the next 21 days to reach for more 80% gains breaking above 1/1 lvl reaching 13950 usd.
This support was found after an already 100%+ run on the previous 80 to 90 days.
Today bitcoin found support at the same Gan level after running already for 140% since march 13th (80 days).
If history repeats and bitcoin's next move is to reach for 1/1 line again btc is looking at some decent gains hopefully at the same pace.
Even if current general financial context is different its still a very similar set up, interesting to follow next couple weeks.
FYI: I personally couldn't care less as i don't trade btc. Please don't take this as a suggestion to do anything. I do suggest however to get yourself some monkeys.
https://www.gizmodo.com.au/2013/04/monkeys-make-better-stock-market-traders-than-people-study/
This support was found after an already 100%+ run on the previous 80 to 90 days.
Today bitcoin found support at the same Gan level after running already for 140% since march 13th (80 days).
If history repeats and bitcoin's next move is to reach for 1/1 line again btc is looking at some decent gains hopefully at the same pace.
Even if current general financial context is different its still a very similar set up, interesting to follow next couple weeks.
FYI: I personally couldn't care less as i don't trade btc. Please don't take this as a suggestion to do anything. I do suggest however to get yourself some monkeys.
https://www.gizmodo.com.au/2013/04/monkeys-make-better-stock-market-traders-than-people-study/
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