EuroMotif

BTCUSD retrace is here? or another Bump and Run? Bitcoin watch 2

COINBASE:BTCUSD   Bitcoin
Previously it seemed 11k was the top and retrace started.
But in hindsight it was a minor dip in uptrend continuation.
This last dip however, seems to have some fib legs (rhythm).

Red fib is for Impulse down from the top.
Green fib is for Impulse up from last wave.
Confluences thereof are of keen interest.

10,160 - ,195 would be a very Bullish correction.
10,044 - ,045 is gorgeous with tight confluence.
9,784 - 9,800 is very plausible sub 10k stop hunt.

Previous Analysis:
11k retrace (failed)
10k call over 6 weeks ago
8.4k to 5.4k retrace
9.0k to 7.5k retrace
7.5k bounce Call <= Perfect
10k path laid out
10k final Leg

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.