Right, that are the 0.618 golden Fibonacci extension, but then did not. Go down to a industry cycle to the 0.618 retracement, right? We'd have pulled back, got back previously mentioned and maintained and continued to this by anxiety. That is what I'm looking for, right? Thus right now, uh, we have all of that to be aware of.
Proper? But then let's pull the, the potential divergence right here. I mean, it is no surprise, both ladies and gentlemen, Bit-coin. Hasbeen bearishly diverging over the oneday interval ever since the start with this rally, and it has been a direct bearish divergence, almost the full run. Uh, you understand, essentially gentlemen and ladies, once we got to this very top here, we began to find a set line.
Then back, we increased into a brand new top quality. Really, we're flat-lining yet more, and now we are seeing that this climb here is showing extreme. Divergence, my buddies. So, uh, that really is quite interesting, proper? Uh, and also you guys will see , uh, that we failed climb, increased up divergence, '' had a small sell off, ripped up.
Okay. Divergence again, minor market off, rip up. And now my friends, we're seeing this divergence is growing more extreme about a decline, a shipping price action descending RSI. Descending Mac D-A plus if push comes to push, you realize what this is actually revealing me is that there's potential that this can reverse at any moment.
Today , it doesn't have to occur, appropriate? In an extremely, very bullish uptrend. If this is really the start of a brand new Travels macro up-trend, it is possible these high-income divergencies get absolutely ignored, correct? That's very possible, but in addition, it is just a bit alarming to me personally that we have such bearish divergence over the oneday timeframe while also right now being interior this red box of possible macro immunity whilst at the same time coming upon what, in my own opinion, are the two .
Important Fibonacci expansion aims of the 0.5 approximately 10,160 along with 0.618 Fibonacci across the $11,000 area. Let us get this traction though. If we're seeing with the purchase price running upward into right here. And also the divergences continue to keep up thisparticular. Absolutely. Uh, truly decreasing trajectory in relationship to the price.
My friends, this is a tiny bit of a warning sign for me, however this really does not mean the trend must be right. We've witnessed it repeatedly which these divergences have only resulted in little miniature pullbacks of roughly 10 percent and then the tendency has lasted high. Clearly, when again performance doesn't imply future outcomes, but , uh, you know, I'm seeing what could possibly be a possible parabolic blow off high potential .
I am talking about, if, if this is really climb up to, uh, the 0.618, I mean, my pals, this could be an approximately still another 14 percent movement to the up side down. Merely to get compared to that Fibonacci objective. This can be just a small difficult as you understand, moon boys and people which do not really understand trading whenever they listen to exactly what I'm saying now, they would just, you understand, suppose, Oh Courbet NACI also, he, you understand, you're definitely going long right up there.
It's perhaps not that easy minor James. The thing isthat my buddy is that right today it really is very challenging to also have in a very long standing here in that exact specific pricepoints. Sheerly. And only because of the simple fact we are diverging right here. We are currently up into work-related opposition zones of itself. The RSI is upward close overbought conditions.
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