RE: Bitcoin (BTC) Morning Update: This Correction Too Shall Pass....!!

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Bitcoin (BTC) Morning Update: This Correction Too Shall Pass....!!

in bitcoin •  7 years ago 

Saw this too. Any reason why it couldn’t go in this direction? I hope it does.

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If you know how price works on right angle triangles, it would drop the price of BTC to $920.00 or less. Not impossible, but not the most likely path at this stage with out further price action.

I see, cheers

I see, cheers

Those typically break down upon completion.

Either paths are probably. If someone is planning to buy the dip, I think it's good to buy some now rather than to wait for the price to his 9k - which might not happen if the price takes this path.