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Bitcoin Liquid Index

$BTC in Wave 5,top of channel target ~$364k

By sayedhfatimi
Updated
  • The upward channel has been established
  • BTC currently beginning wave 5
  • wave 4 support for subsequent bear market has been established
  • BTC has NOT seen a bear market yet
Comment
Inline with my above analysis, BTC appears to obey this fib fractal of meeting/overshooting the 18.618 fib level, the same analysis will set the price target of the wave 5 rally to ~311k

snapshot
Comment
drop below 7k highly improbable assuming market structure is not to break
snapshot
Chart PatternsElliott WaveFibonacci
sayedhfatimi

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