We are facing the the third big move of Bitcoin - 7k is the 161,8% extension of the 2nd big move - But may retrace let's follow these levels
1st spike
- retracement @ 50 % fib
- extension above 161.8%
2nd spike
-retracement @ 50% fib
-extension @ 123,6% fib but may go @ 161.8% -6923
3rd spike is not confirmed yet but may
- retrace @ 78,6% fib 5228 or 61,8% fib 4746 or 50% fib 4407
1st spike
- retracement @ 50 % fib
- extension above 161.8%
2nd spike
-retracement @ 50% fib
-extension @ 123,6% fib but may go @ 161.8% -6923
3rd spike is not confirmed yet but may
- retrace @ 78,6% fib 5228 or 61,8% fib 4746 or 50% fib 4407
Comment:
78,6% fib 5228 hit - nice tail
