This is a XBTUSD -0.97%15 min chart. After charting some Elliot waves it seems we can go either way. Which way will XBTUSD -0.97%go? that's the biggest question of all. What ever happens we are at a Huge point where XBTUSD -0.97%must decide what it wants to do. I am still BULLISH after this bounce or did it happen already? either way XBTUSD -0.97%is charted using Elliot wave pattern to determine the future forecast. I also used a fib time extension to help place in my Elliot waves. This may not be perfect because most of my Elliot waves aren't. But I still have high hopes for a great future inn XBTBTC. I still say BTC -1.22%over 20k before the end of year
Comment:
BTC finally decided which direction it wanted to go. My Elliot wave patterns don't hit perfect. Why? I guess back to the drawing board with my Elliot waves. I feel like I'm doing something wrong and I need to find it out. As per BTC seems like we are headed right for the green Box (target Zone). After hitting the target Zone we must keep the momentum up. If we expect to break last years high, we can not go down below 7k. So my target for BTC is currently going to be between $7600 to $7668.