BTCUSD headed to $7.5k ? and why that might be "Bottom"

Three different time frames to study the two recent Bull Runs.

Left Chart is Weekly, paying attention to the 2017 peak.
Right side plots the 2019 run, with wave 3 and wave 5 shown.
Both runs ended on a wave 5 Ripple, and retraced to Wave 4.

Left chart shows the absurd wave 5 in 2017.
Right Upper is wave 3 of the 2019 move.
Right Lower is wave 5 of the 2019 move.

Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
21k possible target (still plausible)
9k bounce call (perfect bounce)
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=Perfect TP
7.5k bounce call <=Perfect Entry
10k path laid out
3.1k bottom call (the EXACT 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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评论:

Target achieved, 7450-ish

Now lets see if it holds or better yet bounces

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评论:

7.5k target reached (close) and THEN came this "Golden Fib" (true exponential growth)

That is the 3rd such Fib during this bull run since 3100

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