TheTraderAndy

45-48k Target, by May/July.

Long
TheTraderAndy Aktualisiert   
BNC:BLX   Bitcoin Liquid Index
Thinking echo bubble top plays out similar to previous cycle..

No guarantees of course..

My upside target is 45-48k my may/july this year..

As you can see, fib speed fan 0.75, 0.618 horizontal fib, and 0.75 time based fib all intersect and mark the local top.

The 0.5 is positioned where the bottom formed. The exact amount of time that it took from the 2017 top to the 2018 bottom, is repeated this cycle. 52 weeks.
Kommentar:
Need more momentum for this to play out.. otherwise could take a few more months to reach 48.. possibly til end of Q3

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