Want to know there will be BITCOIN bottom? Read this post!

in cryptocurrency •  6 years ago 

Hello Steemians and my followers,
I'm sure many of you would like to know where is BTC bottom (as well as most of ALT coins)! I do not have any crystal ball, however I have understanding about the charts and my forecast is ~5 thou USD!

Currently BTC is forming bearish correction that doesn't look over yet so I expect some more upside back to ~7,5 thou USD (near the trend line) and then last plunge below 5 thou USD to complete 5 wave in ending diagonal corrective structure:

Bigger picture view is showing text book ending diagonal structure:

IF YOU LIKE MY WORK, PLEASE UPVOTE AND RESTEEM THIS POST. THANK YOU!

Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!

Your crypto_analyst
@andriustovis

cryptocurrency bitcoin investing trading money
6 years ago by

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      ·  6 years ago 

    Same directions with SBD and Steem?

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      1 vote
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        ·  6 years ago 

      Hi Andrius. I am happy seeing that chart today. I am hoping that this will be the first time I am ready to take advantage of the recovery when it happens. Thanks for posting.

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          ·  6 years ago 

        Me to:) Your welcome!

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          1 vote
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            ·  6 years ago 

          Highly possibly, although doubtful it will be that soon and a straight move to 20k.. it’s been such a long drawn out, complex correction so kinda expecting a few more ups & downs before reversal but we’ll see..

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            [-]
              ·  6 years ago 

            Up arrow it's just a direction:) For sure we will see very slow begining. I think first reversal impulse up will be sharp and short then I expect a bigger correction and only then big rally upwards as we seen in 2017!

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                ·  6 years ago 

              Hello, sounds more realistic than before :)

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