I have just added the the VERY extended and last Fib extension level here to see what would an extreme version of Wave 5 look like if this was to go a lot higher than the 3.618 Fib at $109k.....and the 4.618 Fib is at $123k
We have not had many circumstances where a chart has gone this high, only $NVDA, $META and $LLY ring a bell for me over the last 2 years.
And they were all unique situations....but so is $BTC.
I think at this stage at least, $109k look comfortable to be achieved.
Bram Alleman
2024-12-05 14:55:59 +0000 UTCChris H
2024-12-05 14:37:03 +0000 UTC