btc/usd Weekly targets

Jul 11

It's been quite an exciting year for bitcoin with a new all time high around $73,500. Enormous runs like this that last over a year, 450 days, there's going to be corrections or cool off periods. Now's the time to stay calm, plot some targets and see where it lands. My targets and where horizonal fibs intersect with diagonal trend lines. When Bitcoin interacts with these levels I'll be paying extra attention for signs of support or reversal and go from there. It's really that simple if you don't cloud it up with emotion.

Jul 25

Note

Nothings changed, it's still just a lower high at this point.

Aug 5

Trade active

Here we go

Sep 1

Note

Still on track for this setup. Daily chart breakdown in play.