Expect a pullback in Bitcoin near $100K

The 1.618 Fib extension of minute waves 3 and 4 yields about 100K.

The 2.618 Fib extension of minor waves 1 and 2 yields about 100K.

When there is confluence in waves near similar major Fib extensions, there is a good chance of a correction near that price value.

After the correction, I suspect minor wave 5 will end near the top of the log growth curves near 145K if this bull ends in December like it did in 2017.
Chart PatternsTrend AnalysisWave Analysis

Also on:

Disclaimer