BTC.USD good news bad news: Bitcoin bouncing, but may end soon

BTC bounced from an expected support zone with some vigor!
But the initial bounce wave may be about to end pretty soon.
If it starts to pullback, that will need to be measured closely.

Blue Fib is of the bounce, with natural endpoints 4.236, 4.618, 5.618 extensions.
Considering the velocity of this bounce, we could hit the 5.618 resistance zone.
There is a small chance 3.618 will double top and end the wave, lets hope not.

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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

Currently in Play:
BTC Support Watch
XRP to 32 cents
BAT to 20 cents
LINK to $2.50
Alt Extinction Event?

Recent Achievements:
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
LINK re-entry (caught the spike)
MATIC top Warning (caught the EXACT top)
MATIC rocket (massive Profits, breakout entry)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)
DASH top warning (EXACTLY on time)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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Comment:

Puling back as expected. Currently at a support at $8150

but looks like it will test $8100 round soon .. ..

Comment:

looks like near term fibs in control right now

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Comment:

First support seems to be holding for now,

but break above resistance zone is needed to confirm.

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Comment:

Here we are testing the $8100 zone

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Comment:

Clear recognition of the Red 4.236

a good sign because 4.236 is most common end of wave. (it went past it earlier, but this Ping confirms it). BUT, that could well be end of wave "A" with "B" bounce and "C" leg down to come....

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