Bitcoin, BTC/USDT, 1D, Road to $120,000 As the previous forecast at the $30,000 buy zone proved to be effective as Bitcoin's 50% increase led to a lot of new ATH markets. At the current zone we see Bitcoin needing 3 short corrections before a strong rally to $120,000. Set Stop Loss for your trade. Good luck with your trading!
Sell point setup Stop loss at red line Corrective and pump again
Buy at greenbox Rose is at the bottom of wave 1, the beautiful wave period extends to wave 3. Entry right at the base of wave
After ending wave III with 5 ending waves, Bitcoin reversed and corrected to 61.8% Fibonacci Retracement and completed a 4 in 1 day correction. Currently according to our speculation Bitcoin will enter the IV bull cycle, price target: $120,000, corresponding to the 161.8% Fibonacci extension level Opportunities for Altcoins to grow strongly Good luck with your trading!
Bitcoin, H6 We underestimated the ending wave Bitcoin after hitting the 42K mark broke again and dropped below the 141.4% Fibo mark (According to our previous calculations, this correction only ran 114.4%). So to complete this correction, Bitcoin needs to retrace to the area of the 50% Fibonacci retracement price level, or 161.8% expansion, estimated at 33K...