$BTC Has tapped its .618 Fibonacci retracement from the entire bull market cycle. This level has some confluence with the lows from the Summer 2024 consolidation.
Previous cycles often saw some relief in the form of a wick around similar area's. But we do know this cycle has been completely different than any previous one we saw.
So it's a level of interest for me, but I'm also not deploying all my dry powder too quickly while slowly accumulating spot.
Previous cycles often saw some relief in the form of a wick around similar area's. But we do know this cycle has been completely different than any previous one we saw.
So it's a level of interest for me, but I'm also not deploying all my dry powder too quickly while slowly accumulating spot.