I see the need to retrace to around 53k for higher prices.Very important key level there.
Possible bitcoin price moves, Elliot waves and Fib levels.
I used Fibonacci for support and resistance, i measured elliot waves and got the possible precise price movement.
Bitcoin seems to be repeating the pattern that we had a week ago, i measured the impulses length and it looks like there is going to be a correction of about 8% ending on Fibonacci support and bounce from there to around 51.5K wich is 1.272 on the fib.
Broken Fibo retested, waiting for the next leg up.49K-50K is my target.
Let's see if we are gonna bounce from 0.382 fibonacci level and break 0.236 otherwise there will be an HS with targets as low as 38K
Levels gathered using Fibonacci, we also got Hash Ribbons confirmation of an upward move in Daily and Weekly TF.
Dogecoin and lame coins like this should not exist, going to 0
Bitcoin looking bullish rn, hash ribbons buy signal and other confirmation on higher TF’s such as golden cross and MacD.