My last forecast was for 8400 then 10k as below. Of course you know we crashed hard from there. Now we are back to the scene of the crime (Impulse).
Impulse Zone contains the first wave of Sell Off from top. Impulse Core contains the most concentrated resistance. Impulse Borders are the entry exit points to be observed.
Behavior in this area will be quite telling. Breach of Core may take several attempt. Overrun of Impulse could reach next target.
Check the Idea below for a Magical Fib worth noting. BTC has grown by a perfect 1.618 ratio each step. There is no reason believe it will not hit 9987.97.
See my calls below, each of which was accurate within 1%:
My bigger picture of the path to 10k (9987.97 to be exact) :
Before that, my call for 8k
And before that 6155
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Impulse Core Breached. Now working on reversing core polarity (turn resistance into support)
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Bears have only two lines of defense left at 8388 and 8419 Of course we know 8419 held last time, but that means it will be weaker this time.
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Core Polarity Reversal Successful ! (turned resistance into support) notice that one exact ping from top side of Core
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Battle for the Impulse zone continues. Zoomed in, we see the precise action of each boundary
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Another rejection at the Core Boundary, and significant fall thereafter