BitcoinShort
Potential correction targets for BTC 11/6/17
Updated
Looking back at the degree of correction after hitting a new all-time high, we find several ranges keep appearing. This chart lists the targets based on the most common percentages we've seen to date. The corrections group up around 18%, 33%, 38%, 48%, and the worst of all, the 85% drop during the bear market in 2014.
The targets are
The targets are
- -18% (6223)
- -33% (5074)
- -38% (4694)
- -48% (3948)
- -85% (1137)
Note
The new targets are based off the new all-time high of 7897 -18% (6475)
-33% (5291)
-38% (4896)
-48% (4106)
-85% (1184)
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