Bitcoin Historical Fibonacci Pattern

1. April high – 76.39 Fib level (Resistance).

2. July low – 26.31 Fib level (Support).

3. Aug & Sept – 50 Fib level (Resistance).

4. October – 50 Fib level (Support).

History doesn’t always repeat itself but it does often rhyme.

Bitcoin painting 9 consecutive negative red weeks.
The first cryptocurrency ( Bitcoin ) currently oversold…

Looking at the most recent price action, BTC has been in a range of $28,000-$30,000.

Not a financial advise, I suggest using this only as a guide – Do your own research.

If you have any questions, kindly write in comments below – I will answer them.

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