Bitcoin fractal for possible incoming price action

٤ فبراير ٢٠٢١

I'm not a huge fan of fractal patterns but this one from June 2019 is at least one to watch. The most recent fractal peak topped out between the 0.618 and 0.786 fib retracement which typically invalidates a dead cat bounce, however this still played out. We could be doing the same. I'm personally waiting for bitcoin to AT LEAST take out the 40k peaks before I put in any type of long position. - Not financial advice.