Bitcoin still looks bullish but may require further correction. Price is currently within a "Decision" zone waiting movement. Whichever direction is exits the Decision zone should continue.
Everyone was wondering if last jump was due to Iran crisis. The at first seemed to confirm that motivator. But the subsequent bounce was independent of such news.
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Part of my ongoing analysis catching every key turn and giving early warnings (click the links below):
<= within 5 dollars! <= the 3 Fibs of Life <= Still Important <= within 20 cents! <= exact Top AND Bottom hit <=Perfect TP <=EXACT 2018 bottom
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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Minor Update
Current state on the original full plot Whipsaw exactly into the "Minor Reistance" zone which apparently is not so minor.
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Zoom IN (5min) Just now skipping off the top of the "Decision Zone" in grey. And approaching the immediate resistance at 8125.
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SUMMARY: - Not much action other than a spike into pre-mapped resistance. - Approaching a key resistance at 8125, if rejected we could fall thru the decision zone.