Hello everyone, we can see that BTC made a new high during in the last hours. It stopp right on the 50 of Fibonnaci (from 13800 to 7200). The first wave may be done, the 2nd wave which is a correctionnal wave has the potential to correct 100 % of the 1st wave. Here I place a Fibonnaci and we can see that it already corrected 38.1 % of the 1st wave. It could keep rising right now but it could also reach the 50 or 61.8 % of Fibonnaci.
@nagihatoum, If the bull run started yesterday, 7330. If we're still in the great correction phase below 7250.
nagihatoum
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@ZaydBENH, sounds right, I think that volume yesterday is big indicator that its a start of a bull run. Give us another change to go long. You think BTC will outperform Alts?
One-Up-Fx
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@nagihatoum, I don't know mate, what do you think about it ?
nagihatoum
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@ZaydBENH, I think there is no retracement, todays pumps proved it, it is the start of wave 3, and the last pump was wave 1. we bottomed at 7300. It will explode like you say, to 22k in November.