Looking at the Fibo on the 4h we have an smaller Outtake (micro) of the bigger (macro) chart view.
The small Fibo could lead us to a over 300 % Rally, based on a Fibo Bitcoin made from his previous alltime high , to the new at 40k.
The Fibo here is 19.
The Fibo of Ethereum was 40 the last time, because Ethereum performed even better than Bitcoin.
Looking at this i personally think, that it could take an alternative Coin like XRP/RIPPLE COIN , (i don´t mean the company) in a similar range of 19 to a 40 Fibo level.
The 40k was reached based on a monthly chart.
If we look at the macro Chart in the monthly timeframe , the Fibo of 19 could lead us here to a price of 60 $, if the coin would do, what Bitcoin did and Ethereum hopefully will do.
Alts should push, as soon as Bitcoin will recover.
This is no buy or sell advise, this is just my opinion , I am not an financial advisor.
The small Fibo could lead us to a over 300 % Rally, based on a Fibo Bitcoin made from his previous alltime high , to the new at 40k.
The Fibo here is 19.
The Fibo of Ethereum was 40 the last time, because Ethereum performed even better than Bitcoin.
Looking at this i personally think, that it could take an alternative Coin like XRP/RIPPLE COIN , (i don´t mean the company) in a similar range of 19 to a 40 Fibo level.
The 40k was reached based on a monthly chart.
If we look at the macro Chart in the monthly timeframe , the Fibo of 19 could lead us here to a price of 60 $, if the coin would do, what Bitcoin did and Ethereum hopefully will do.
Alts should push, as soon as Bitcoin will recover.
This is no buy or sell advise, this is just my opinion , I am not an financial advisor.