61.8% fib retracements in a bull run

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
If we look to the past bullruns, we saw corrections to the 61.8% fibonacci retracement of the impulse, if we are in a bull run right now a target will be the 61.8% retracement of this impulse which lays near 7250.
Comment: we bounced off the 38.2 and this deadcat should end in at the 61.8


Keep it up! All the best :)
+1 Reply
Good prediction. Lets see how it plays out. As of Jan 2nd it is still not decided.