EuroMotif

BTCUSD has a near term path to 11k: Bitcoin in an Impulse Wave?

COINBASE:BTCUSD   比特幣
Quick plot to showthe possible EW path to 11k.
Looks to be developing 2 orders of 5-wave moves.
The recent strenght is supporting of a "3 of 3" move.

Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
10.2k Resistance plot (tight zones plotted)
21k possible target (still possible)
9k bounce call (perfect bounce)
13k warning (early but valid)
]10.9k retrace
]12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce call <=Perfect Entry
10k path laid out
3.1k bottom call (the EXACT bottom)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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