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

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

in bitcoin •  7 years ago 

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

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7 years ago by

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      ·  7 years ago 

    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!

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