The bottom I talked about in my last update (link below) is actually only A wave.
The whole thing is A wave;
The projected B and C waves are plotted in this chart and things dont look good for bitcoin
I feel sorry for all bitcoin holders including myself for squandering my money in it.
I hope everyone recovers their investments.
If you want me to continue posting more updates; do hit like and follow.
Note
Wave theory presents lots of scenarios for bitcoins all pointing towards bottom;... but this is the most likely scenario which is going to unravel.
Many people will look for reversal at 6800 or even at 6500 but its not going to happen... I have looked at the possibilities of those but they look unlikely (less probability) and even if it will happen it will give a brief rally before falling down again...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.