sebastian.soik

BITCOIN 4H - medium term technical analysis

BITFINEX:BTCUSD   Bitcoin
6
Sheba Jafari, Goldman Sachs’ head of technical strategy predicts bitcoin to climb higher, ultimately getting near $4,000.

She wrote:
" From current levels, this has been a minimum target that goes out to $3,212. There’s potential to extend as far as $3,915. It just might take time to get there. "


I used these targets and combined them with my current analysis.
I expect the momentum to stay as it is utnil the first target (3,2k).
After that there will be a consolidation so I left out one vertical fib level and expect the target (3,9k) to be hit somewhere at this 55th fib line.

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