CreeptoeJasper

BTC USD - More bullish than expected. Possible upside target to

Long
BITFINEX:BTCUSD   Bitcoin
My previous analysis stated that a correction back to test 200DMA and a bounce off from there was expected. Well, BTC is so bullish that a measly 0.236 fib level was enough to stop the bears from advancing furthur. So this warrants a more bullish update and end-target to my previous analysis.

A direct copy-paste of previous run-up from 6000 to 11776 would project this leg of 12345 up to 15000.
Interesting thing to note that is the (3) and (4) bounce off perfectly off the 0.618 and 0.5!
And as usual, a last FOMO (5) leg to kiss 15000.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.