I was correct forecasting this DROP - Fib's Respected !
Friday I called for a correction in Crypto and Bitcoin. Here it is Monday and that call was proven correct. So everyone is asking me what is going to happen next. Well first we are still in the bull market. This will give us fuel to breakout to new all time highs in October. The SEC will still prob approve an ETF which will send the speculation mooning. I expect September to struggle for 1 more week then try and recover from this. As you you can see from the chart we REACTED right at these FIB levels !!!! This is Important as it tells us the big money is also watching + using these levels and they will be respected. So this is very bullish. 183,000 Bitcoin is in the cards this bull cycle. That is the 1.68 fib extention and the area bid money will make the call for dumping and the start of winter. I expect to cash out all of my crypto and go into hybernation when Bitcoin hits that fib level and price of $183,000 For now we are bearish to flat for next 10 days. Then trend back up going into October
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.