BTCUSD - Bitcoin's next target: 5000$$!
Looking at our buy in range, we just missed the bottom! It went lower than anticipated, but finding the true bottom is something you shouldnt worry about. Looking at what the new year could bring us, we see 5k targets. We now had a perfect first 5-wave Elliott impulse wave, following
fibonacci's levels to the decimel. An ABC correction wave (in which we reside right now) is about to end any minute. The correction waves all reached their 1.236 fibo extensions.
We expect the third Elliott wave to take place during the end of the year. Boosting us towards 5.000 dollar per bitcoin. RSI shows us price divergence on a lower time scale and volume is following nicely.
fibonacci's levels to the decimel. An ABC correction wave (in which we reside right now) is about to end any minute. The correction waves all reached their 1.236 fibo extensions.
We expect the third Elliott wave to take place during the end of the year. Boosting us towards 5.000 dollar per bitcoin. RSI shows us price divergence on a lower time scale and volume is following nicely.
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