Bitcoin Drop Alert Advisory Update - Another Retesting Phase
Updated
Bitcoin Drop Alert Advisory Update - Entering Another Retesting Phase
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Drop Alert Advisory Update
Bitcoin is Entering Another Retesting Phase to Check the Strength of the Recent Bottom, so it will Most Likely Revisit the $7,740 area and if it Drops Below the Recent low, Expect an Abrupt Drop Much Further Down; Most Likely Down to the May 18th Low of 7,405.00 and as low as 7,000, yet if this Downtrend is Extended like the Downtrend in July, the Bottom will be at or Near 6,000...
If the Recent Bottom is Firm, it Could Rally up to a High of 9,705 to 10,205 by October 1st (9,705 Likely; 10,205, Not Likely, but Possible), and then Abruptly Drop with the Cycle Band Between October 1st & October 8th, which is when the Cycle Band Hits the Center to Center Drop Point and Cycles into a 14 Day Downtrend Phase, which would end when it Cycles into the Uptrend Phase on or about October 15th/17th...
Drop Alert Advisory Update
*******************************************************************************************
Drop Alert Advisory Update
Bitcoin is Entering Another Retesting Phase to Check the Strength of the Recent Bottom, so it will Most Likely Revisit the $7,740 area and if it Drops Below the Recent low, Expect an Abrupt Drop Much Further Down; Most Likely Down to the May 18th Low of 7,405.00 and as low as 7,000, yet if this Downtrend is Extended like the Downtrend in July, the Bottom will be at or Near 6,000...
If the Recent Bottom is Firm, it Could Rally up to a High of 9,705 to 10,205 by October 1st (9,705 Likely; 10,205, Not Likely, but Possible), and then Abruptly Drop with the Cycle Band Between October 1st & October 8th, which is when the Cycle Band Hits the Center to Center Drop Point and Cycles into a 14 Day Downtrend Phase, which would end when it Cycles into the Uptrend Phase on or about October 15th/17th...
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Bitcoin did Retest the Strength of the Most Recent Low when we dropped down to 7,830, but unlike the last Retest, we did not drop lower than the Previous Low and we are Currently in the Same Exact Location of the Bitcoin Frequency Cycle Band that we were in 28 days ago when we dropped from 10,951 down to 9,324... We are repeating the Same Exact Pattern and we are likely to Rally up to 9705 and possibly as high as 10,205, over the next 2 to 3 days, which you can clearly see if you compare the following Screenshots...Look Closely and will see we are in the same exact location prime for a Rally!
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