EuroMotif

BTC.USD spike Retrace pathways: Bitcoin pullback targets

EuroMotif Mod Updated   
COINBASE:BTCUSD   Bitcoin
Wow, what a crypto spike on Friday night, BTC driven
Now, we look for possible retrace points for re-entry.
Considering the vertical move, retrace could be deep.

It is possible that the retrace is done, at the $9342/43 zone.
It is likely that we will see an ABC correction this weekend.
Based on where wave A ends, we will have more clues for w5.

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Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
8.7k Top Call
10.2k Resistance plot (tight zones plotted)
21k possible target (still possible)
9k bounce call (perfect bounce)
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce call <=Perfect Entry
10k path laid out
3.1k bottom call (the EXACT bottom)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Comment:
Need a "Wave B" bounce here soon otherwise, if wave A goes deeper, it will become very difficult to make new highs.

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Comment:
Looks like wave B was painted and working on wave C It is possible that correction is done and wave C will not materialize, but I think it is more likely to make a lower low before a higher high.

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Comment:
Fib perfect ABC for tjhe larget order wave B
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Comment:
and a clean 5 wave decline just now 4.236 or 4.618 a common wave end

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Comment:
so $ 9343 still the key reistance and a "double bottom" at 8970 the most optimistic abc ending
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