RE: Bitcoin (BTC) Morning Update: Fractal #3 is Spotted!! Check out the this chart!

You are viewing a single comment's thread from:

Bitcoin (BTC) Morning Update: Fractal #3 is Spotted!! Check out the this chart!

in bitcoin •  7 years ago 

Doomsday alternative?
5a50f9c5271cb.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

That would be awesome, I mean horrible (but you know what I mean).

I know exactly what you mean!

I see that is not all that far off from Haejin's update doomsday possibility. How is that projected?

I just looked for a large wave count over a bigger time frame and used the basic ABC retracement guidelines which puts the correction ending around the prior (my assumed) leg 4 range, which is between $5K-8K or thereabouts. I don't see BTC getting to $5K very easily but who knows? I do know I will be buying a lot of BTC if that is the case, where as I was scared to buy $1,200 BTC when I first got into crypto, haha!