Bitcoin has broken all time highs several times since our last report. Our Fibonacci extensions are excellent in predicting its price targets. Currently, we are caught between some nested Fibonacci levels. It is likely to range here for a bit as it finds footing between $26.2K and $27.8K. It is consolidating in a dragon head pattern, which is a Ghostsquawk exclusive technical pattern. It is likely to break highs again, $28.9K is our next target, another Fibonacci extension. If we are wrong, there is a vacuum zone down to $24.5K, a nested Fibonacci level.
Bitcoin's next targets
