Check out this detailed post below that compares a smaller BTC fractal to the one the price action is experiencing now, which makes a strong case for the fact that the true bottom (for now at least) has been reached.
Using the bottom at 6k with the top at 20k marking a fibonacci range, we can see that the top follows the same perfect ratios and combinations as the one that happened earlier 2017 (see linked chart below) when bitcoin was only around 2k.
With this in mind, we can expect growth to slow down from here but it should be strong push to 13k marking 50% from the 6k bottom.
Look for good entry point on a small pullback and wait this out till around 13k
Using the bottom at 6k with the top at 20k marking a fibonacci range, we can see that the top follows the same perfect ratios and combinations as the one that happened earlier 2017 (see linked chart below) when bitcoin was only around 2k.
With this in mind, we can expect growth to slow down from here but it should be strong push to 13k marking 50% from the 6k bottom.
Look for good entry point on a small pullback and wait this out till around 13k
