mcpride

mcpride

Tasget below 1.20 $

mcpride

This is my forecast for the next week. I expect a short-term increase to about $7400 for BITFINEX:BTCUSD and then a fast drop to less than $6000 (maybe $5500-5400). Hopefully this will be followed by a significant increase.

mcpride

Bitcoin oscillates in a wedge. When will be the breakout?

mcpride

Possible BTC trend for the next days if the bears win - based on elliott wave analysis.

mcpride

This forecast based on Elliott Waves Theory shows a possible continuation of the downtrend to around 5000 $. But concrete values are impossible to estimate. In an optimistic alternative scenario we are now between leg 1 and leg 2 of an uptrend wave formation.

mcpride Updated 

H&S pattern combined with (ABC) Elliot correction waves and Fibonacci retracement. My prognose is the bottom of this correction in a range between 8500-9000$!

mcpride

Next decision for IOTA! Around 5 IOTA builds a triangle. A breakout below is a bad sign for coin support but I think due to the fact that bitcoin stabilizes, a move to higher levels to 6 or 7 is possible.

mcpride

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mcpride

Lowest price at the end of September between 2650 -2800 $ ?