BTC got to our target early than expected so I have used the wrong circle extension and that happens as tracking time is very hard. Now there is a battle on 8K where it can go deeper into 1.0 Fib (7.8K) or resumes bullish from here. If it resumes from here our next target is 10K in the next 6 days with good probability to go 11.1K as well. But if it goes to 7.8K that bull target would need a review. So this is the update of today, targets on chart as always. Don't take this chart strictly as is, just a basis to setup your risk management !
Komen:
BTC hit the bottom of the 0.786 Circle Fib with perfection, but not on expected time. No Fibonacci got the perfect bottom despite the circle one. For bulls btc should not loose the 0.786 Circle Fib as it is it's support now, for bears market should go straight to 6.7K without much resistence once 0.786 get broked:
Komen:
Interesting fact is btc hit my green flag with perfect time and price after hitting price ahead of schedule, looks like it is fixing stuff.
Komen:
btc lost the 0.786 Circle Fib and is about to hit the 1.0 ring, the change to go up from here is not zero but very thin but since this idea is only about a bull view the 1.0 ring is the place to put your next trade if you are out of market. For Bearish trades there is other ideas.
