$BTC TOP 20
Added 2024-12-20 12:12:03 +0000 UTCI want to be clear: this chart has not changed.
We were in Wave 5 and pushing to the 3.618 Fib at $109k and the price got to $108.3k
The extreme bullish scenario was to the 4.618 Fib to $123.5k but it was already extended at the 3.618 Fib
Price has pulled back and it too is testing the 50 Day MA shortly, aligning perfectly with the $QQQ now in the PM.
This level will need to hold or the white fib levels are for the ABC correction and the 200 Day MA is at the $69.1k breakout level from October.
Comments
I tend to agree with this. Looks like a questionable wave 4. But I’m 50/50.
Trading Chairman
2024-12-21 03:38:21 +0000 UTCWhy can't $108k be end of level 3? We would currently be on wave 4.
DC
2024-12-20 17:06:56 +0000 UTC
