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Bitcoin prices for 9/27

Here is a quick review for bitcoin (BTC) prices

I should be providing a more in depth review and there has been good action but I need to be somewhere else in a few minutes. Maybe later I will talk about it more

Below is the 4-hour chart

Today we passed the swing point on 9/18 with volume. This confirms a ABC pattern to test the next swing and Fibonacci expansion at $4,461.

Now as I am writing this the daily chart has not confirmed the breaking of the D point (based on volume) but the day is not over so maybe later I will look at it to see what the volume is. I think the daily will be confirmed.

So I believe that we are headed higher. If you want and entry point now is good with your stop around $4,050. For those that entered around the 50% retracement. tighten your stops to make sure you capture a profit.

Comments and questions welcomed.

All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate .
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