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Bitcoin Liquid Index
Updated

$BTC in Wave 5,top of channel target ~$364k

1 026
  • The upward channel has been established
  • BTC currently beginning wave 5
  • wave 4 support for subsequent bear market has been established
  • BTC has NOT seen a bear market yet
Note
Inline with my above analysis, BTC appears to obey this fib fractal of meeting/overshooting the 18.618 fib level, the same analysis will set the price target of the wave 5 rally to ~$311k

snapshot
Note
drop below 7k highly improbable assuming market structure is not to break
snapshot
sayedhfatimi
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Chart PatternsElliott WaveFibonacci

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Chart PatternsElliott WaveFibonacci
sayedhfatimi
Also on:

Related publications

Disclaimer

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.