Decision Time
Update on previous analysis here. Parabolic move to the upside may have eliminated the expected bc correction. It is now possible that it has already been completed. Bulls need to hold 10k for dear life. New time cycle kicks off next month and losing the 1/1 could add further information to the B completion. If bulls hold then we are going to 30k+. This will require halving fomo to create a flat correction rather than zig zig. Can avoid sub 3k with this. However, if B was just completed then we could see an elongated bear market. Ultimate target for C would come around late 2020 to early 2021 and it will be south of 1k. From here we should get a multi year desert crossing where everyone think that BTC is dead FOREVER. If this scenario plays out then this is where you want to start ACCUMULATING. Could range 600-1800 for 3 YEARS. If history repeats itself then this is where we are going. The longterm targets if this plays out are still the same. However, in the scenario those targets would be incredibly conservative given the parabolic nature of this asset. Good luck and happy trading
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