UnknownUnicorn908250
Long

BTC targets based on previous rally's Fib extensions

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The past couple bull rallies for bitcoin are lining up nicely on the fib time extension, projecting the end of this current rally around 1-12-18 (60 day cycles roughly). Using the fib extension of the previous rally which took us from a low of 2970 to a high of 7900, I have drawn out the .618 targets. What do you guys think? What's the target for this rally?

Comments

3K loss on your long here ... not sure we were supposed to pay attention to your charts or not
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@altcoiner9, I post the charts at pivotal points. I don't really update them from then on. I've been calling this an adam and eve double top for the last couple days. I don't really give a shit what you think.
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