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AlanSantana
Jul 21, 2022 7:47 PM

Bitcoin To Continue Straight Up | EW Targets Mapped Long

BYBIT:BTCUSDT240
BTCUSDT SPOTBybit

Description

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I used the Fibonacci extension tool to determine the next target for Bitcoin based on the Elliot Wave Theory.

Wave 3 should send around $29,000.
Wave 5 around $35,000.

We see weakness on the retrace and strength on the recovery.

More on the chart.

Namaste.
Trend AnalysisWave AnalysisBeyond Technical Analysis
Comments
UnknownUnicorn24192159
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I do not Agree.
Mikanoshi
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@itsmamad, Bitcoin doesn't care :)
TrmpFan
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@Mikanoshi, LOL

thats a good one
Blasioo
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@TrmpFan, We don't agree. I don't know are you paid by Btc maxis to promote this or what's the problem?? The next dump is coming soon, first support $17,600 after 14K and finally 10k
TrmpFan
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@Blazoni, no i'm not paid by anyone to promote btc or other crypto, i ONLY let the charts tell me the news

''next dump is coming soon, first support $17,600 after 14K and finally 10k''

ooook and when will that take place according to you? i assume thats your own predication right and not someone else?
Blasioo
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@TrmpFan, Not you, I wanted to reply to Alan.
Blasioo
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@TrmpFan, Dump on July 27 because of FED increase interest rates 100bps , imo..
TrmpFan
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@Blazoni, some experts say interest rate has a good impact on btc and some experts say it has a bad impact on btc
and i say it will be interesting to see what happens next week
TrmpFan
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@itsmamad, its because your a Conspiracy Theorist
AlanSantana
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@itsmamad, Liquidated bear.
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