43 Days to break 20k
Updated
Based on this fibonacci speed retracement fan I expect BTC to reach 20k around August 1st. But only if it doesn't drop below 12k in a meanful way. If it it breaks 11.8k, I expect a retracement to either 10k as a psychological barrier, or 7500 as prevous resistance. This is my first publication on Tradingview, so please share you opinion in a kind way.
Note
I can't post extra pictures yet, but my stop is just under the .75 (11k) ascending fib line, which then meets the horizontal .50 fib line (11.5) as possible support if price will be ranging for a bit. If that doesn't hold, I think BTC will correct.
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.