RE: URGENT!! Bitcoin (BTC) Evening Update: Critical Juncture REACHED!!!

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URGENT!! Bitcoin (BTC) Evening Update: Critical Juncture REACHED!!!

in bitcoin •  7 years ago  (edited)


I've counted a full 5 waves up, (price turned at the 127.2% fib level) and I expect a requite correction now. If BTC can form an ABCDE wedge directly under the support line it could easily break the resistance by being able to test is multiple times.

As well this confirms a right shoulder if it can meander sideways enough. (I'm only reaffirming what Haejin has mentioned in the above post).

Awareness is key! If price decides to retrace drastically lower lows are on the table.

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I see this possibility is high.