BTC to Push Through 9K Soon? Fractal + Elliott Wave
We now have more data than a few days ago & this is the probable path at this point for this set of impulses. It seems we're in the process of forming a wave 4 triangle that matches well with the fractal from April. Looking for a break out of it up & possible push to 9k if bulls get some momentum before a sharper retracement & the final 5th wave.
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right now looks like we are about right here in the fractal. will need to see how bulls come out of this correction to have an idea whether 9k is still in the cards. my ideal top would be ~9400 but BTC is looking weaker overall than before so it might be a stretch at this point. current target 8650-8700.
