TradeWithPress

My bitcoin Price expectations using my bias and support

Long
BITSTAMP:BTCUSD   Bitcoin
The idea is surrounded by the expansion faze in the market as we seen, as my expectation revolves around the elliot wave and Fibo level, the structure of price can continue increasing as more investors and million dollars companies start to accept bitcoin as a option to pay. As well as the expectations that these companies will also buy bitcoin that these sustained levels. I believe that by having Elon musk buying bitcoin at the price level it is now, will not lose steam since it will provide a level of support in my opinion. Major areas to be concern is Support: 29000 , Key levels :42,500 and 41,000.

TP1: 48,150
Tp2: 50,000
TP3: 52,000
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