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The fact that the movement from the local low has had so much interaction with this Fibonacci channel, that wave C is exactly 1:1 with A, and that the movement has been primarily caused by stablecoin mints plus FOMO due to ETFs and the halving, confirms that this movement is corrective and not impulsive, and that it should be followed by a continuation of 2022. This continuation should be shorter in time, but more aggressive in terms of price/time ratio.

The fact that the movement from the local low has had so much interaction with this Fibonacci channel, that wave C is exactly 1:1 with A, and that the movement has been primarily caused by stablecoin mints plus FOMO due to ETFs and the halving, confirms that this movement is corrective and not impulsive, and that it should be followed by a continuation of 2022. This continuation should be shorter in time, but more aggressive in terms of price/time ratio.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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