#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.
BEARISH: $PolyX | LONG ⏺ Entry : 0.6019 - 0.5811 ⏺ Targets: 0.5000 - 0.4788 ⚠️ Use Low margin for market situation Late entries are not recommended, Do not copy the trade. #polyx #BOME #BTC🔥🔥🔥🔥
Dogecoin experienced a minor drop before emulating Bitcoin’s surge, rising above $0.183 support. Bullish indicators suggest Dogecoin may surpass $0.2, but traders are cautioned about a potential resistance at $0.19. $doge #DOGEUSDT! $BTC