Another look at bitcoin bottom targets

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
330 0
Equal measured moves on a log scale project out to a target between the low 8000's and the mid to high 6000's

Fib projection and extension broadens the range a bit, and help us to identify some key levels inside the zone, as well as pinpoint interim resistance.

Hourly close above the 0.5 at 10450 would be a contra-indicator.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out