In the classic one, the point C should be at 61.8%-78.6% of AB (Use Fibonacci retracement tool on AB: the point C should be close to 61.8%). The point D, in its turn, should be at the 127.2%-161.8% Fibonacci expansion of BC. So there is potential go even higher 10140 but the key level is 9500 (0.382 fib lv). Let's see how it works!
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This can be good fundamental reason!Institutional cryptocurrency platform Bakkt will begin testing its first product, physically-delivered bitcoin (BTC) futures on July 22, the company announced in a blog post on June 13. Cointelegraph
Note
At least for now we are moving according to the plan!Trade closed: target reached
We have touched our key level. Idea worked nice. Now let see how price will react! and if will be able to reach our next target.Note
From this idea we had reached all targets! even more
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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.