Hey guys. Recent moves are a consequence of the turmoil events we are witnessing today. It is no joke we were expecting sometime a deadly virus and it looks like we have just that. Fundamental principles are driving the surge in Bitcoin .
As you can see there are fractals at play during the Elliot Wave Theory analysis.
I am expecting after some consolidation; one last surge towards the north of 10k in which we will see an ABC retracement