This feels like a miniature version to the December\January period where we had the Adam and Eve playout (where the bottom was set) which turned to be the accumulation period.
I feel strongly that this is the same, not just because of this forming pattern but because of the following:
a) Macro level - the 30% bounce off the 0.618 fib retracement
b) The accumulation and defending of 9k. Every time it went below, it was bought up\swallowed. Then it was 9050, 9100, 9200 and now here.
c) My fib.circle and fib. channels help support this evidence > refer to my past posts.
12 K is the ultimate target for this year and slowly we will transition to another phase 2 were we will experience another parabolic curve, but that won't be the major one.
We have the major after that.
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Cheers
S.Sari \CryptoProspa