Bitcoin Breaks To New Highs - $100.5K Is The Likely Target
I created this short video to help traders understand how Fibonacci Price Theory works using BTCUSD.
This move suggests that BTCUSD will attempt to rally above 95k and target 100.5k in the next trending phase.
BTCUSD broke away from the Excess Phase peak Flagging formation (#2) very clearly today.
At this point, there is very little downside price risk unless price breaks below 86.8k.
I also review Gold/Silver and the SPY/QQQ to help traders prepare for the BIG SHIFT into my proposed Anomaly Event.
Here we go..
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
This move suggests that BTCUSD will attempt to rally above 95k and target 100.5k in the next trending phase.
BTCUSD broke away from the Excess Phase peak Flagging formation (#2) very clearly today.
At this point, there is very little downside price risk unless price breaks below 86.8k.
I also review Gold/Silver and the SPY/QQQ to help traders prepare for the BIG SHIFT into my proposed Anomaly Event.
Here we go..
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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