$BTC took 7 months to break above the $69.1k level and when it did, we said a retest of such a strong resistance level was needed, market provided that 1 day before the US election....the perfect set up if Trump won.
And when it was obvious he was going to win the price has taken off, and has already burst through the 1.618 Fib for Wave 3 as an overshoot.
Lets see if it can get to $83k on the 2 Fib before needing to pull back for Wave 4 but ultimately I think this can go to the 2.618 Fib at $92.5k possibly by the end of the year....we don't pick dates but it is a target for now.
JG
2024-11-11 20:53:06 +0000 UTCAsh Nyc
2024-11-11 17:46:08 +0000 UTCHouse of Wick
2024-11-11 01:38:34 +0000 UTCBercan
2024-11-10 18:07:06 +0000 UTC