Will BTC reach 1k?
My target is around 10,300 or 13,330 as BTC respected 8400. We can see with the Fib spiral that it acted as a support as well. It can be up to 8200 or 8100 though. But since anything can happen, if 8400 will be broken and other supports till the last line and base of Gann Fan fan on 3,100, the line and spiral from 20 to 3K are like pointing towards 1K if BTC will fall bad. There were other long term charts I did that is also pointing to 1k area. I'll post it below.
I am thinking that BTC from 2011 already had 3 ATH. We know that number 3 can be so significant. If we will only look at the smaller time frames to conclude that BTC will go up from 3,100 and 7200 (.618), we might miss seeing another perspective that is bigger and that might play out.
I am a bull with the same different reasons why others are. On the other hand. when I am looking at the BTC price patter from 2011, I can see a bigger 3 peaks which can lead to a doomed house. When everyone thinks of .618 on the smaller time frame, Doomed house is not .618 retracement. The price to look at is near the bottom from the very start of BTC, close to the second retracement
I am thinking that BTC from 2011 already had 3 ATH. We know that number 3 can be so significant. If we will only look at the smaller time frames to conclude that BTC will go up from 3,100 and 7200 (.618), we might miss seeing another perspective that is bigger and that might play out.
I am a bull with the same different reasons why others are. On the other hand. when I am looking at the BTC price patter from 2011, I can see a bigger 3 peaks which can lead to a doomed house. When everyone thinks of .618 on the smaller time frame, Doomed house is not .618 retracement. The price to look at is near the bottom from the very start of BTC, close to the second retracement
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