3.5 to 5k might be lowest target
sentiment is weak and seen on twitter many are calling it quits or saying they are leaving crypto on their hardware wallets and coming back to it next year
These feelings must not be ignored as shown as Bitcoin broke through 2 lower targets touching the third on the 7800 level
It might go up to 8500 to 8800 if there is strong...
I must revert back to my initial view that there was going to be a 5 and am not sure about timeline but 3500 now looks like it might happen after all
FUD moves the market at the best of times but when it is fragile it could plummet easier and break those fib levels with just a cough
FA will also support this - G20 summit - possible trade wars and actual tensions...
we hae 3 points out of 4 for the butterfly
is it a matter of deduction
there are also about 6 trend lines that meet at around 8k which is not an unreasonable point
50% retracement between 12 an 6 k