Bitcoin Retracing to $7500 @ The 0.5 Fibonacci Level? Then to $9000 zone??

in #bitcoin6 years ago

Looks like we have just finished our 3rd impulse waves up to $8400 zone and now time for healthy pull back before our 5th wave.

I think we'll hit 0.5 Fibonacci level before making our way up to the 5th Wave.

On this next wave i believe (if we have a good amount of volume) may break through the long term trend line that we started from Dec 17 on Bitcoin's decline.

Screen Shot 2018-04-18 at 3.50.06 AM.png

Look at the Yellow Line in chart. This is the higher degree Elliot Wave to the $9000 zone.

Screen Shot 2018-04-18 at 3.58.04 AM.png

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Disclaimer: Vaughn Pierre is not a financial advisor and only is presenting material for educational and entertainment purpses.

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