I'm seeing things: Bitcoin's gonna crack at $14.3k

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
I'm seeing things: Bitcoin's gonna crack at $14.3k

Just another crazy prediction of my own, what does it matter? Bitcoin's gonna crack at $14.3k. By that I mean, really crack.

I'm sure you're wondering, why $14.3k for God's sake? It's because Bitcoin seems to preffer 0.236 fib surprises. Can't say no more. Take good care!
Comment: Price action as predicted. Bitcoin has even dipped twice below $10k.
From my point of view, the big question in the next few days will be whether the price will fall below the daily MA 38.
Comment: I think it will be interesting to see how long the price stays within the descending channel and whether it exits through the top or bottom wall
Comment: It's broken out to the upside it seems
Comment: New development, updated channel -- at the crossroads again -- up or down?
Comment: Cracking in progress... zoom into the idea chart and push "Play" -- it's going as planned.
BTC has got double-rejected at fib line 0.236 of the sub grid ($14,318.51) and at fib line 1.618 of the major grid ($12,525.25)
so chances are it will now complete the retracement all the way down to the fib line 1 of the major grid -> $7,821.33
Of course I may be wrong with that, we will see...
Comment: Price development as predicted. Another 4h candle closes below the important MA230. The downtrend is practically sealed. Should the MA370 ($ 9.5k) be broken soon, Bitcoin is in dire straits.
Comment: Next stop $8.2k
Comment: Daily closing under MA38 $10,520 (0:00 UTC) this time around would set off big troubles in my opinion. Watch it and take care.
Comment: Update available: The horrible thruth about Bitcoin - Part 2 - runs like clockwork...
nice work , man!
+1 Reply
ReallyMe Cryptoer_Lion
@Cryptoer_Lion, thanks
that as a really funny way to use fibos!!!
ReallyMe chocotraders
@chocotraders, if you say so...
@ReallyMe, it's not a critic... but i never saw it before... you use the previous top and project from there?
ReallyMe chocotraders
@chocotraders, Yes, I use what makes sense to me. YMMV ;-)
Cracking started )
@NGNPRO, Cracking in progress. We watch with excitement... ;-)
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