RE: Bitcoin (BTC) Evening Update: The Decline has Been Controlled and Methodical in the Abscence of Panic

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Bitcoin (BTC) Evening Update: The Decline has Been Controlled and Methodical in the Abscence of Panic

in bitcoin •  6 years ago 

I see it going slightly lower (on Bitfinex data). I know charting on 30m makes little sense, but still, it's what I came up with.

I feel 5th wave of C is still ahead of us and we're working on finishing wave 4 at this moment. The decline could go a bit lower, around 7200-7300, then impulse should take us up, but only to about 8500-8600.

Let's see.

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