BTC USD Coinbase Decision Time

By 3rd Dog Script crypto | 3rd Dog Script | 8 Feb 2020

daily

Daily Chart

Will Bitcoin go past the psychological price of 10,000 to reach the 10,135 (.5) Fib retracement? (swing high of 13,868 to low of 6,430) In my opinion, we may fall short of the 10,000. The fifth wave of the fifth wave could top out at 9981.

4 hour

Four Hour Chart

1 hour

One Hour Chart

My Elliott Wave count may not be correct and this is not financial advice. With that said, my target range is 9981 to complete the final fifth wave before a strong pullback into the 8200 - 8600 range if there is a heavy sell-off. I will also be watching the moving averages for a pullback price area on the four-hour chart and daily. Currently, the MA 200 on the four-hour chart is 8834 and 8358 on the daily.

3rd Dog

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