BTC bounced EXACTLY on a Fib Zone but is near-term retrace done?

11 de jan. de 2020

Followup to my recent plot which caught the 7700 Bounce (click).

Bitcoin still looks bullish but may require further correction.
Price is currently within a "Decision" zone waiting movement.
Whichever direction is exits the Decision zone should continue.

Everyone was wondering if last jump was due to Iran crisis.
The full retrace at first seemed to confirm that motivator.
But the subsequent bounce was independent of such news.

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Part of my ongoing analysis catching every key turn and giving early warnings (click the links below):

8475 Top Call <= within 5 dollars!
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
6432 Bounce Call
7450 Critical number <= Still Important
7800 Dump Warning
7080 Rocket Foreseen <= within 20 cents!
7860 Retrace Call
6850 Bounce plot <= exact Top AND Bottom hit
9k bounce call
14k target call <=Perfect TP
10k target call
7.5k bounce call
3.1k bottom call <=EXACT 2018 bottom

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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12 de jan. de 2020

Nota

Minor Update

Current state on the original full plot Whipsaw exactly into the "Minor Reistance" zone which apparently is not so minor.

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Zoom IN (5min) Just now skipping off the top of the "Decision Zone" in grey.
And approaching the immediate resistance at 8125.

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SUMMARY:
- Not much action other than a spike into pre-mapped resistance.
- Approaching a key resistance at 8125, if rejected we could fall thru the decision zone.

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