orlinmyer

Next BTC Peak

BITSTAMP:BTCUSD   Bitcoin
Based on the previous peak/retracement Fib chart. The next high was around the 2.00 level.
That puts BTC at around $54,000 on Jan 16/17th based on previous BTC timing of peaks. Maybe we get a blow off into the $60’s this time, but either way, expect a major retracement soon after in the 50%+ range. Going to be a crazy rest of January.
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.