Bitcoin is in correction and its daily volatility implies targets below $5k
https://www.mql5.com/en/charts/7804085/btcusd-d1-simplefx-ltd
BTC/USD update
7 years ago by srezz (48)
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Thanks for your commitment to the community.
Based on Fibo 0.618 can we expect price retracemet to 3k~3.5K in coming weeks?
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Anything is possible, but I don't see any technical data to confirm this view.
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If it bounced off one of those targets would you consider that a double bottom, or only if it bounced off 5k? With the next fork coming up, i think we may see a similar thing where ppl jump to btc & inflate its price to get another free coin (B2x). we'll see! thanks
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Prices around $5K - that's as far as my technicals allow to see. Anything beyond that is pure speculation. at this point in time.
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right gotcha, i was referring to your 4861 & 4686 target for dub bottom, i think u might of thought i was referring to sedigs post. thanks tho!
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Seems it's going in the opposite direction... any updates?
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4H timeframe shows that BTC may print even a new all-time high. However it looks to me like it is rolling over.
https://www.mql5.com/en/charts/7811935/btcusd-h4-simplefx-ltd
PS. Struggle to post as a new post.
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It's quite understandable Srezz. Appreciate your effort..
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Thank you srezz
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Any updates @srezz ?
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Hello Srezz , Heard about you on Twitter about your Crypto Insights here following you. What are you views on new ICO Toke Vezt
Please do check out my Post I made on it
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