CryptoFib
@CryptoFib__
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#bitcoin| altcoins | Trader 📈 | Fibonacci analysis🐚| Trade entries💸 | I just love being right⚜
Joined September 2021
This was one of my first tweet that I made using only fib time and fib lines regarding the #Bitcoin bottom.
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Exactly where i am at too currently.
TESTING A SIMPLE BITCOIN THEORY: The 0.382 Fib is the gatekeeper on the weekly. It’s rejected multiple times already (4x). $BTC 2021 top: $69k 0.382 level $42.6k. Break and the cycle low got threatened. Now 2025 top: $126,272 0.382: $48,235 Which puts the key support at:
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The price action just now was probably to liquidate the shorts to push lower.
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Got more than we expected but the main point being we weren’t caught on the wrong side of the trade.
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Local bottom is in. Opening 3x leverages across most holdings.
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Most likely scenario
$BTC Bitcoin just closed the CME gap at 114300. Possible bounce from here If it does not reclaim the 116k level a drop to 110k - 112k seems likely
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Trust me when i say this, you will get better a long entry on monday. Enjoy your weekend.
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Most alts have pumped a lot except for sol. All eyes on sol for the next couple of days.
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The next thing that will happen is that $Btc will retrace a little. Alts will move with it. $Btc reaches the same price alts will be much much higher. Stay ready.
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. @tradingview is now guiding me how to draw trend lines that directly block my view. The worst thing ? I cant disable it. Help!
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