Bitcoin To Continue Straight Up | EW Targets Mapped

٢١ يوليو ٢٠٢٢

I used the Fibonacci extension tool to determine the next target for Bitcoin based on the Elliot Wave Theory.

Wave 3 should send around $29,000.
Wave 5 around $35,000.

We see weakness on the retrace and strength on the recovery.

More on the chart.

Namaste.