Bitcoin @ 3.618 fib. Sell signal
BTC is at 3.618 advancement when measured from the cycle bottom and the tippy top of the $100 million pump on April 1 that started this run.
Check out what happened at the 2.618 line and act accordingly.
Expect to pull back here and flow into altcoins.
If this plays out, my target for the next wave cycle is 5.618 or $14,391 as a minimum.
Indicators however still indicate incredible stregnth.
$12,500 before pullback is even possible but in doing so, would severely endanger the entire alt coin market to the point of kill off. I'm not sure if that's the goal here but my guess is, not yet.
Check out what happened at the 2.618 line and act accordingly.
Expect to pull back here and flow into altcoins.
If this plays out, my target for the next wave cycle is 5.618 or $14,391 as a minimum.
Indicators however still indicate incredible stregnth.
$12,500 before pullback is even possible but in doing so, would severely endanger the entire alt coin market to the point of kill off. I'm not sure if that's the goal here but my guess is, not yet.
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