JeffBear

JeffBear Updated 

Cycle Analysis and Elliott waves. The target is around $ 1000.

JeffBear

Bitcoin has broken down and its targeting the 200MA Weekly . The target is ~$3000 because there is confluence between fibonacci ratios, MA, and the fact thats its a major prior swing high. Confirmation will be a breakdown of the golden grindline (support-geometry). If the $3000 support combination fails then bitcoin will probably go to ~$1000-$1340 range because...

JeffBear Updated 

The descending triangle will probably break down. I applied Elliott Wave Analysis/Pitchfork /Fibonacci to the pattern ( descending triangle ) to determine my target. BTC never tested the $4900 swing high historically BTC almost always tested the major prior swing highs! Also very interesting the yellow support trendline from the genesis. Target at least ~$4964...