Forecasting a high of 
12K using fibonacci projection. If the 2nd to previous all time high ($5k) becomes the 78.6 and the most recent high of ~6.2k (which we are breaking out of today) becomes the 61.8 retracement, it suggests a top of around $12k.
12K using fibonacci projection. If the 2nd to previous all time high ($5k) becomes the 78.6 and the most recent high of ~6.2k (which we are breaking out of today) becomes the 61.8 retracement, it suggests a top of around $12k. Trade closed: target reached
Target reached.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.