AlexSpicer94

Bullish Target for BTC

Long
COINBASE:BTCUSD   Bitcoin
BTC 3 Day Chart looking at Fibonacci extension lines from the bear market bottom. the 1.1618 was hit at 25K, the 1.2618 was hit at 31K and the 3rd and final target is 37K USD per BTC at the 1.3618 Fib Extension. This is where the 5 Wave impulse move will end (see my related idea) and then we will move into an ABC correction back down to 31K to confirm 31K the new floor.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.