Greetings, I hope everyone is enjoying their weekend! Sadly Bitcoin isn't having the best time, but I'm sure it's used to it by now just another stroll in the park.
Anyways I'd like everyone to know I've updated my chart to further fit my design. The curves changed because the dates where a bit longer than expected, but within my projected range still just didn't look right. Think about everything that's happened since last year, or how much money has been given out. I'd say we've been given quite a lot, but still expect a huge bullrun this year? I think we're going down and will be for quite sometime. Until some random bullrun will catch another rocket ride and fly in the coming years. I'd say start looking for promising altcoins to dabble in, and watch as everything slowly falls to get special discounts on all your favorite goodies. :) Don't let this market panic fool you!
I'm expecting this current drop to level out around the $6,000-$5,900 range, but if it breaks my bottom trendline it could very well go much further I'm sure. I'm thinking over time it will if it decides not to for the next few days. At this point I feel we're just waiting for a HUGE dump to shakeout more.
Hope everyone grasps my idea here. If you have any questions feel free to comment below and leave a like if you agree!