TheMentalTrader

bitcoin to $27000 if this level Holds!!

BITSTAMP:BTCUSD   Bitcoin
hello everyone, glad to have you here today! so according to fib extensions $27000 is the next relevant target for bitcoin, we recently successfully bounced off of the 0.618 fib level and if we hold that level I believe $27K is the next on the cards as a first target for the next bull cycle! also according to Elliot wave theory there is a very high probability that we've just finished second wave and the third one is about to start which is usually the longest one which means that we basically will reach the %100 level on fib extensions which is at the $27K! so guys let me know if you agree or disagree with my Analysis one the comments below! cheers guys have a nice day.



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information presented one my posts are for education purposes only. not a financial advice because I am not a Financial adviser!!!

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