BTC targets.
After strong push BTC consolidating at 8800 level being restricted by 50% Fib (6k-11.5k).
It possible this push continues to 9.6 level, however i expect some pull back. Currently finds support from 2Hr Cloud and previously broken Green Trendline.
Break of this Trendline is possible when top buyers have been exhausted. If the Green TL breaks into 2HR cloud expect a retrace to .236 Fib at 8500. If the TLbreaks above the cloud expect price to follow the 2hr cloud until it reaches cloud top at 8.6
After strong push BTC consolidating at 8800 level being restricted by 50% Fib (6k-11.5k).
It possible this push continues to 9.6 level, however i expect some pull back. Currently finds support from 2Hr Cloud and previously broken Green Trendline.
Break of this Trendline is possible when top buyers have been exhausted. If the Green TL breaks into 2HR cloud expect a retrace to .236 Fib at 8500. If the TLbreaks above the cloud expect price to follow the 2hr cloud until it reaches cloud top at 8.6
