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AlanSantana

Bitcoin To Continue Straight Up | EW Targets Mapped

Long
BTCUSDT SPOT (BYBIT:BTCUSDT)  
AlanSantana  
BYBIT:BTCUSDT   BTCUSDT SPOT
Trend Analysis Wave Analysis Beyond Technical Analysis
43
15
trendanalysis waveanalysis beyondta
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.
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