BTCUSD bigger picture Retrace: Bitcoin's Favorite Fib since 7400
BTC has been bound to this fib that started with drop from 7400.
I have been posting the above snapshot in chat for some days now.
The near vertical climb can only result in a near vertical drop :(
Setup was perfect for a Slaughter of the Sheep as so often happens..
CNBC and all media was crying BULL and throwing out targets like 8k.
Whales kept support and then finally pushed a ''Blow off top" above resistance.
And now, the blood flows .....
.
Here is when I first posted that fib on Dec 18th, 2018
I have been posting the above snapshot in chat for some days now.
The near vertical climb can only result in a near vertical drop :(
Setup was perfect for a Slaughter of the Sheep as so often happens..
CNBC and all media was crying BULL and throwing out targets like 8k.
Whales kept support and then finally pushed a ''Blow off top" above resistance.
And now, the blood flows .....
.
Here is when I first posted that fib on Dec 18th, 2018
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