New projections on BTCUSD

How did u get 7k as support? You only have 1 fib line?

@TStolpe29, no its a 0.618 projection from previous analysis I did
Thank you

@hatzitesla, okay just wondering, because many have $8,000 as their bottom

@TStolpe29, well support levels can be more or less random...how can you predict something like that down to the pip? My projections are more like a tactical approach to entry prices...not precision you can not have precision in trading...only good approximations

@hatzitesla, ah okay, thanks for clarification. very helpful