BTCUSD Long-term Correction: $4k BTC
Fractal of 2014 major correction plays out in this scenario, a case for 
4K BTC is made. If you'd like to entertain the Feng Shui of 2018 then the Earth Dog year represents a slow-moving year with little luck. We may need to weather a sideways 2018 until things pick up again in 2019 into further logarithmic gains. This bearish scenario for 2018 ignores the network effect, which may outweigh the lethargic nature of the new Chinese year.
4K BTC is made. If you'd like to entertain the Feng Shui of 2018 then the Earth Dog year represents a slow-moving year with little luck. We may need to weather a sideways 2018 until things pick up again in 2019 into further logarithmic gains. This bearish scenario for 2018 ignores the network effect, which may outweigh the lethargic nature of the new Chinese year.
Disclaimer
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.