Interesting confluence for BTC around $23.8K Fib + CME Gap
Recently found some interesting confluence around 23.8K for BTC. If you like this let me know, or why you disagree.
The entire Global Fib "Golden Pocket" from Bitstamp, happens to overlap with the largest remaining CME Gap yet to be filled from Dec 2020.
Fib extension from the very top has a 2:2 smack in the middle of the overlap, as well as a 1:1 Fib extension from the local price action. [Gann Fan in the background from last market cycle top, 8/1 sitting just below.]
Will we reach this level before rising back into a full bull market? Personally, I believe we will.
The entire Global Fib "Golden Pocket" from Bitstamp, happens to overlap with the largest remaining CME Gap yet to be filled from Dec 2020.
Fib extension from the very top has a 2:2 smack in the middle of the overlap, as well as a 1:1 Fib extension from the local price action. [Gann Fan in the background from last market cycle top, 8/1 sitting just below.]
Will we reach this level before rising back into a full bull market? Personally, I believe we will.
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