February 23, 2026

I favor a pullback here now that we have reached 41.5k

I favor a pullback here now that we have reached 41.5k

I favor a pullback here now that we have reached 41.5k

I favor a pullback here now that we have reached 41.5k

Bitcoin / Dollar BITFINEX:BTCUSD
bmoney2020


I favor a pullback here now that we have reached 41.5k

We have hit the 2 fib targets I mentioned in my last post- now that we are here, I favor a pullback happening to at least 39100, if not even going as far as 38800, where we could then look for a potential rejection again, to go back up towards 40k again.

Although, if and when a 4hr candle closes above my .618 fib level @ 41,569, I see price going to the next fib level at around 43,530.

Previous Article

ETH to 4k or a Bull Trap?

Next Article

Crying moonbois pattern

You might be interested in …

rising pattern

rising pattern

rising pattern ETH/USD COINBASE:ETHUSD qommodernsystem ETH show us a rising trend based on elliot waves and bearish AB=CD