From the Bottom at $3000 you can count 5 waves up, after 5 waves up we can expect 3 waves down.
What is concerning is the bearish ending diagonal in the form of ABCDE pointing upwards, and the MACD also is pointing downwards, making a very bearish sign. Prices made a bearish wick above the resistance and that support could take us to a new high, but at the end of the day everything leads us to a selloff, will it happen now before the fork?
BTC loves to trick people out, so let's see how it plays.
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Very good post! I call it @originalworks
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This post received a 83% upvote from @morwhale team thanks to @erodriguezc11! For more information, click here! , TeamMorocco! . this is @originalworks . steem @steemprice BTC
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$4742.41 USD/BTCVolume: 67361.88 BTC ($319457808.37 USD)Last Updated Wed Oct 11 03:51:34 2017Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Bright Blessings & Much Love - Namaste
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I agree with your assessment, however, I believe that the crash will end around 4300-3800 at the most.
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This post has received a 6.11 % upvote from @booster thanks to: @erodriguezc11.
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bitcoin isn't going anywhere until AFTER the fork. people want to take their bitcoin gold home with them first! ha!
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