📊 Bitcoin follows along, small correction incoming?

thedolphin (52) in bitcoin • 7 years ago

Bitcoin have most likely finished the pink 1. wave here, a coupla days off but very on target.

I think wave 2 will land us in the yellow box, likely in the upper area, between 0.618 and 0.5 fibonacci.

These are just my thoughts, not a trading advice. Do your own research before buying or selling.
If you have another view on this post your welcome to discuss and post your charts in the comments.
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7 years ago by thedolphin (52)

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blogbooster (42) · 7 years ago

Upvoted and resteemed by # BlogBooster and the curation trail.

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ilnomis (32) · 7 years ago (edited)

I do think a fall is coming. I'm currently doing analysis on the number of rise and fall days since July 2017...and so far the best month is November 2017 where BTC had 19 rise days vs 11 fall days (63%)...and for this month so far theres 17 rise days vs only 6 fall days (74%)...which means, IMO, there are likely to be higher chances of fall days for the remaining of this month.