Price Targets for Bitcoin

28 בדצמ׳ 2020

Bitcoin has broken all time highs several times since our last report. Our Fibonacci extensions are excellent in predicting its price targets. Currently, we are caught between some nested Fibonacci levels. It is likely to range here for a bit as it finds footing between 26.2K and 27.8K. It is consolidating in a dragon head pattern, which is a Ghostsquawk exclusive technical pattern. It is likely to break highs again, 28.9K is our next target, then 31.7K. Both are Fibonacci extensions. If we are wrong, there is a vacuum zone down to 24.5K, a nested Fibonacci level.