In this post, I said the price would hit $34450 (it hit $34479) in the red circle:
and in this post, I said the price would hit $33880 in the blue circle:
.. based on 786 Fib retracement levels. The price hit both targets indicating the market is somewhat split on whether the big moves up and down are bearish or bullish.
Based on the 15m candles, the moves down are more aggressive than the moves up, and right now we are closer to the bottom than the top of this range, so I'd have to be bearish at this stage. This is quite tense, and we will find out in the next few hours whether we plunge back down to $29k or continue up.
and in this post, I said the price would hit $33880 in the blue circle:
.. based on 786 Fib retracement levels. The price hit both targets indicating the market is somewhat split on whether the big moves up and down are bearish or bullish.
Based on the 15m candles, the moves down are more aggressive than the moves up, and right now we are closer to the bottom than the top of this range, so I'd have to be bearish at this stage. This is quite tense, and we will find out in the next few hours whether we plunge back down to $29k or continue up.