Bitcoin - 30%-40% dip incoming!
Updated
We might see bitcoin below 10k one last time. If this truly is the start of the bull run (which it looks like it is) then we might repeat a fractal from 2014/16 where price hits the 61.80% fib level (jun 2016) after the lows of the bear market (jan 2015 and aug 2015).
Notice how it dumped to the 38.20% fib level for a total of 40% decline (june 16th to 1st of august 2016).
IF we were to do the very same thing, price would dump from ~14k to anywhere between 8k-9k making it the last dip before taking off into the bullrun of 2020/2021
Notice how it dumped to the 38.20% fib level for a total of 40% decline (june 16th to 1st of august 2016).
IF we were to do the very same thing, price would dump from ~14k to anywhere between 8k-9k making it the last dip before taking off into the bullrun of 2020/2021
Note
Fib levels from 2014/16 and the 40% dip in juneNote
PS: I'm only BTFD if price holds on the 38.20% fib level (above ~9.4k)
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