RE: BTC Prognosis with Elliott Waves and Fibo

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BTC Prognosis with Elliott Waves and Fibo

in bitcoin •  7 years ago 

Interesting! Thanks for sharing! Do you think it could possibly go below 3000? I think the price was a bit more stable today.

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I think it is possible, for sure. This little up in Price, was a retest of the $4380 USD Resistance, i guess.
On the H1 Chart, it now looks like we get another M-Pattern and the Price is going to fall to the $4120 USD Mark again.
Then we will see, if it bounces back or we get a breaktrough.

Again, just my opinion ;-)

BTC M.jpg

Thank you!!