Potential BTC journey toward $100K and maybe more

28 באוק׳ 2021

BTCUSD

Weekly Chart –Sequential
After the formation of Sell-Countdown #13 in the first week of April. The market reacted perfectly and did a correction back to 61.8% Fibo.
The correction ended back in the last week of July 2021 with Buy setup completion on June 07, 2021, and Buy setup perfection on 21 of June. (Look at my TAs published in 26 July 2021, and 8 September 2021. )
https://www.tradingview.com/chart/BTCUSD/45IOU0UG-BTC-Oppurtunity/
https://www.tradingview.com/chart/BTCUSD/Yfu7hCpT-BTC-possible-move-toward-62000/
BTC reached back TD Resistant and could not break through yet however, a punch back toward 74,500 is expected.


Weekly Chart – TD-Wave
Wave TA also is in agreement with the Sequential TA showing developing wave leg 4-5 projected at 101,000


Daly and H4 Chart-Sequential
BTC in the Daily chart has reacted to sell setup completion and perfection at the resistance level quite nicely and further drop to the TSDT support line at $53000 might be notable.


Daly and H4 Chart-TD-Wave
Referring to my TA published on 7 October 2021(https://www.tradingview.com/chart/BTCUSDTPERP/NEnZGhlm-BTC-UpTrend-TA-update/), BTC has reached the Resistance and consolidation/Correction zone. In line with weekly chart TA, a correction down could be expected.
Coincided up waves ABC and 12345 have reached their expected projection and BTC has reacted nicely to the level. Ac correction to 55000 – 50000 is plausible.(50%-61.8% retracement of Leg 4-5)