BTC has proved itself to be very harmonic. Presenting multiple harmonic trading opportunities. It has also proven to follow the precious metals futures model I have outlined in previous posts. This model has been very accurate and predicts a leg up here followed by painfully slow death spiral. It has been a very fun ride and I have made some money but it is time to transition into other markets imo. My price target is the .618 retracement of the previous run around 7500 this may change depending where we get a bounce at. If I am wrong I will be that guy buying BTC at at 10k+ and only getting 100% return when I could have got 400%.
Strategy: Short term bullish
Strategy: Short term bullish
