#BTC Extension
After a weekend of mini-consolidation, the week begins with a new leg up.
Price discovery continues, with an attack on 123,000, which has been surpassed for now.
The Fibonacci projection of the current movement, in case of complete extension, was given at $155,000 (NB: no predictive value, it's simply the Fibonacci extension, first key level having no historical data).
Below we have created another support level on TF 😧 $117,500, a price cluster where we consolidated during Saturday's session.More on the short term (1h TF, intraday) we also have a key level in the $118.5k - $119,100 area, a brief consolidation area.
