#BTCMovement: #HotTrends #BTC🔥🔥🔥🔥 $BTC has broken the 1.618 extension of the 2018 bear market at $62k, and this week tested it successfully for support. Previous two cycles when this happened, price topped within 2-3 months at the 2.272 extension. The 2.272 extension currently lies at $207k.

Comparing the recovery and extension of the 2011, 2014 and 2018 bear markets, the following repeating structure is observed.

🟢 First Struggle to overcome the 0.618-0.786 before ATH.

🔴 Second Struggle to overcome the 1.618 extension resistance.

$BTC