raven1322

Bitcoin Macro Perspective

BITSTAMP:BTCUSD   Bitcoin
This is based on log scale, and fibs are on log setting as well.

1st (white)
retrace to 38.2
pump to 61.8-78.6

2nd (purple)
retrace to 38.2
pump to 161.8-200

3rd (yellow)
retrace to 38.2
pump to 32.8-50

4th (green)
retrace to 61.8
pump to 78.6-100

5th (current - red)
retrace to 38.2
pump to?

Based on this analysis, minimum target is $62k
MOON TARGET: $2.5M
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