BITF — 📊Technical Update (Daily)As depicted on the chart, the price sits just below the apex of the resistance equivalence lines, marking a near-term zone of pressure and potential reaction. Support is expected to emerge around the 0.236 Fibonacci retracement level over the next few sessions.
Intermediate Wave (3) may have re-extended through Minor Wave 5, with a target near $8.55🎯, representing a potential +131%📈 advance projected into late November.
🔖 It’s worth noting that the equivalence lines form a core component of my personal framework, which I apply through my Quantum Models methodology.
📑For context, refer to the Weekly Bullish Alt. Scenario published on Sep. 30.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.