Thread by @Yodaskk, $btc $btcusd #BTC The 23.6% fib level (in Yellow) of the [...]

Coiner-Yadox

Yodaskk

$btc $btcusd #BTC

The 23.6% fib level (in Yellow) of the Log Growth Curves seems to be the most important fib (and currently our resistance)

When broken, it leads to the parabolic advances and a possible touch of the top of the channel https://twitter.com/Yodaskk/status/1337060602959847437

https://twitter.com/Yodaskk/status/1337060602959847437

$btc $btcusd #BTC The 23.6% fib level (in Yellow) of the Log Growth Curves seems to be the most important fib (and currently our resistance)When broken, it leads to the parabolic advances and a possible touch of the top of the channel https://twitter.com/Yodaskk/status/1337060602959847437

Nunya already did a similar analysis, my bad https://twitter.com/Pladizow/status/1331612974658752514?s=20

https://twitter.com/Pladizow/status/1331612974658752514?s=20

Hum, so... if it's not a $btc fake-out, break of 21k, and i would target 26k & 36k... lol

So those targets were not meant to be tagged in 1 day tho

Btw, both 23.6% fib of the log growth channel and ATH breached at the same time. Can't really get more confirmations that we are entering the final(probably 12 months?) stages of the parabolic advance.
Target would be the top of the channel

Ok, so now that we touched ~~36k (honestly didnt think it would take only 3 weeks :D)
$btc $btcusd is at the 50% fib of the log growth channel now.
let's look @ 50% fib of log growth channel historically in next post

$btc $btcusd
thick white is 50% fib of log growth channel
it stopped the rally in 2019.
in 2017, there was some consolidation between 50% & 38.2% before continuation.
in 2013, it overextended and then consolidated between 50% & 23.8% before continuation

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