BTC.USD near term Outlook: Layers of Resistance just above

BTC in citical zone between supports and resistances.
There are multiple layers of resistance just above.
Consolation zones produced many layers of fibs.

There is a lot of open space just above the reistance zones.
Bull will need a strong spike to blast through them all again.
More likely will be a slow crawl up, then one more leg down.

Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
8.7k Top Call
10.2k Resistance plot (tight zones plotted)
21k possible target (still possible)
9k bounce call (perfect bounce)
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
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.

.

Комментарий:

We have had a test of the first resistance zone above, exactly where anticipated

Zoomed in we see first a pierceding and then an EXACT rejection from the $8406 line

That exact rejection on second push should be of concern for bulls....

Комментарий:

these two support fibs are getting tired , red 3.326 in particular

need to get above $8400 asap

.

Комментарий:

Wave "C" now under way.

B went to the extended but bearish resistance, and clearly rejected. $81xx stil looks likely ...

.