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Teklologist
Apr 17, 2019 10:36 PM

BTCUSD status and target: EW and FIB Long

Bitcoin / DollarBitfinex

Description

Based on chart, safe to target $6-6.1k

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Possible ascending channel. Blue line is a possible upwards trend line out of channel. No worries if trend line fails, only were channel to sufficiently fail.

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Let's see where this takes us. Updated idea below.

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I still suspect btc to get one last run towards $6000 before retracement. And when that retrace happens I suspect alts will pump.

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Whoop! Looks like disbelief might be upon us. If so, then I called the top at 6k in original idea chart.

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Dunno why I never linked to this idea here.
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