Part of my ongoing analysis of Bitcoin's path to 10k (see links below).
Bulls made an important push today, breaking several day old resistance. Bulls look to have flipped the resistance into support, and must hold it. Bulls could retreat to the zone just below and still show serious strength.
8109-8073 is current and Ideal support zone to hold. 8023-8027 is last defense of 8k round, best not to test. 7782-7800 is last defense of remaining Uptrend Strength.
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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Nota
Since posting, the blue 4.618 was holding support, until a bear trap spike below and bounce. Now are smacked hard into the blue 5.618 and currently struggling against it But overall it looks optimistic for continuation.
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