I believe that bitcoin is nearing the end of a 82 day cycle and is due for a major correction very soon. My price target will be at 5k which is the previous top (point 1) and a 61.8% retracement of point 2 to point 5.
Comment:
*point 2 to point 1
Trade active
Trade active:
consolidating triangle on 1h timeframe, I'd be weary if it breaks on the upside
Trade active:
Break triangle on downside, watch this space
Break triangle on downside, watch this space
Trade closed: stop reached:
I don't think its coming down anymore, bulls too strong