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A macro look at BTC from 2013-2020 - resistances lining up.
Bitcoin
A macro look at BTC from 2013-2020 - resistances lining up.
By erolsuleyman
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Nov 21, 2020
5
Nov 21, 2020
This shows BTC from 2014 Pictfork, a trend base fib retracement from 2012 low to 2013 high to 2015 low.
A Gann Fan from 2015 low to 2018 high.
A time based Fib from 2019 low to 2020 high, next resitance at 29 Nov.
Notice how the covid dump respected the outer pitchfork perfectly.
Expecting a big correction soon though I still think a push up to 20.5k at 0.78 is very possible, so staying neutral and patient.
Welcome any feeback.
Trend Analysis
erolsuleyman
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