Before we look into Bitcoin's potential outcomes it is important we look into the coin's previous price action to help paint a more accurate picture, Bitcoin corrected from a high of almost 20k to a low of 5.7k and then we seen pretty substantial bounce yielding a gain of 100%+ pushing us into the high 11k regions(11.7k). This is significant for two reasons: 1. An...
I applied Fibonacci Retracement to the Elliott Waves (which all follow the rule to my knowledge), with Wave 5 being the exception as I predicted that with that last time BCC got listed on Coinbase. The support and resistance is calculated from the behaviour of the coin in the last few weeks. The timing is based of an average of a-lot, and I mean a-lot, of...