I have concluded that $5600 is BTC's next stop based on the following 3 factors:
1. Trend-based fib.
2. Highly local pitchfork
3. Global Pitch fan with 6th of February as its starting point.
- I can't help but notice that the pitch fan and the local pitchfork match PERFECTLY. One hell of a coincidence if you ask me...
- I have also ran the additional pitch fan lines so you can decide if it's well placed and not just a "forced" coincidence.
p.s. a small part of me tells me that we will go even lower - maybe $5200? But that's not based on what I see on the chart.
... just an idea... feedback is well appreciated!