Using the daily pivot and fibonacci levels, my current target for bitcoin is 18k. You can see the previous pivot line in blue which can be used to find targets based on past support/resistance levels. This 18k level also has confluence with the 1.618 fibonacci extension based off the first wave down from the top.
Note
18k Cloud Target on the 6D Chart Note
5 wave consolidation/correction from the previous drop is ending Note
2D Cloud acting as resistance from going back up Note
Last drop hit the 233 moving average. The next drop should hit the 377 Note
Another drop to shake out the early dip buyersNote
Note
Tenkan and Kijun still pointing just about straight down Note
getting close Note
1 month Ichimoku Kumo Cloud support is at 10k. Will we touch that sometime before 2023? I would imagine so. Note
Interesting spot for the Volume Point of Control to be located at Note
The Volume Supported Linear Regression Oscillator on the 4 day chart shows that we have been in a long term downtrend since 4/15/21 and we are just now about to cross the zero mid-line of the oscillator on the short term. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.