= Recent NEW all time high - PULL BACK low - FIB EXTENTIONS on the downside AND upside
- MY PERSONAL BIAS IS THAT BTC LIKELY CONTINUES MAKING NEW HIGHS - DOWN SIDE TARGETS ARE STOP LOSS'S FOR LONG/BUY/CALL TRADES (longer term) - UPSIDE TARGETS ARE FOR SHORT/SELL/PUT TRADES
CURRENTLY as of END OF MARCH 2024: btc is supporting off of a 50% pull back between the previous support block that preceded the new All Time High.
Comment
⋅
FIB UPDATE 4-1 2024 70K ZONE
ALL TIME HIGH 73229 PULLED BACK <61,888> @ 50% OF PREVIOUS SUPPORT
CURRENT PRICE 69700 IN .618 - .786 ZONE OUT OF ZONE TARGETS 50% FIB = 67,271 = LOWER TARGET .786% FIB = 70, 940 = UPPER TARGET