look at the 6/2 when we bounce from 6000 to 11800. this EW's that u can see on my chart are the same as previous EW! I draw them by same Fibonacci levels. i just want to show you that what is the targets if history repeat.
You can see a Bull flag (blue lines) And symmetrical triangle (white lines); BTC should face EMA50 & Downtrend line (red line) and should break triangle & flag to the upside!!! (too much work to do BTC!!! lol!) So i think there is a very heavy resistance on 8500, if BTC can pass it so we will see the upward moves BUUUUUUUT i'm totally bearish and i vote for the...
There is 50% chance to go lower than my prediction number (7050-7250) so its high risk prediction. but im 100% sure that 7K is important number! BTC can rebounce OR go straight to the hell(6.5-5.6-5-4.4)!!! ps: dont forget the alts . some of them are already in dip.
I think we can go down to 8.8-8.9k if btc can find support there so can go up to 10K. if not so will fall to 7960 in my opinion peace
THIS IS TOTALLY A NEW IDEA I think we are not out of downtrend yet ; if BTC can pass 11600 tonight we can see upward movments ; notice that there is heavy resitance of 11800 and 12200! this my opinion
There is a resistance at 10860 . if BTC pass 10860 and make a HH on chart BTC can go to the 5th wave IMO