May 7, 2026

20k on the verge

20k on the verge

20k on the verge

20k on the verge

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
PtSp86


20k on the verge

Parallel channel since 2014.
ABC in play, 61.8 didn’t hold, 100% of the fib extension will be tested, but i guess plenty of late longs will be liquidated, so expect another wick to the downside, 19k 1.236fib ext.

NFA
Stay safe

Previous Article

BTC: Heading Back Down

Next Article

20k on the verge

You might be interested in …

Ethereum Name Service Vs Tether Analysis

Ethereum Name Service Vs Tether Analysis

Ethereum Name Service Vs Tether Analysis ENS / TetherUS BINANCE:ENSUSDT AlanSantana Yesterday ENSUSDT closed above EMA10 on low volume … Not a strong enough signal. We have a falling wedge pattern that is yet to […]