Bitcoin
Short

We are a HUGE correction on BTC

By TheKingOfAces
Updated
BTC is heading south and there is nothing we can do about it but to just enjoy the ride. We will see a pull back going back to the $4600, if BTC doesn't break above $4600 this will confirm the drop down to the 3k. Once BTC hits the 3k it bounce back about .382 of the entire drop, then it will test the bottom at 3k again. This is going to be a bit scary, because if the 3k doesn't hold then BTC will drop into the 2k's, but if it holds then we are on a new bull run which will bring it up higher than 6k's
Trade active
We are very close to finishing wave (c), we should have a bounce back tp the $4390 - $4400, for a wave (d), if BTC doesn't break pass $4400 we will see a crazy wave (e) which really is going to bring it down low into the 3k.
Trade active
$3500 might be the bottom of wave (c), if we break below $3500 we might not have a wave (d) and just go straight down to 3k.
BTCBTCUSDChart PatternsfibfibaonacciFibonacci RetracementshortTrend AnalysisWave Analysis
TheKingOfAces

Disclaimer