Big moment for Bitcoin
FYI I'm an EW noob - however a third push here to a little over 47k would take us right to the .618 retrace from ATH to June bottom, and also the 161.8% fib extension of what may have been an A wave up, which could complete an ABC pattern with shortened C wave; Bear targets in this scenario would be in the ~21k-23.5k range.
Alternately, we could be in wave 3 of 5 up, with bull target possibly in the 85k range.
Trade safe, not financial advice. Thanks for reading, and if you want to, let me know what you think ;)
Alternately, we could be in wave 3 of 5 up, with bull target possibly in the 85k range.
Trade safe, not financial advice. Thanks for reading, and if you want to, let me know what you think ;)
Penafian
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