Unless bitcoin can recover last weeks opening price $7,718.1, I have to stick to my calculation June 6th of $3,399.49 potential by June 24. My last such calculation was supposed to happen between 5th to 16th May and didn't get realized till 26th onwards - maybe I should have said by end May, and in this case by end of June.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
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#bitcoin what's left to save?
Bitcoin -0.43% on its last legs? Time is running out Y/N ?
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
WARNING THIS STUDY CONTAINS A LOT OF BIAS.
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#bitcoin what's left to save?
Bitcoin -0.43% on its last legs? Time is running out Y/N ?
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
WARNING THIS STUDY CONTAINS A LOT OF BIAS.
How I calculate above:
Using H & L Week 25th Dec 2017 and H & L Week 1st Jan plus Low Feb 6th 2018: 17,252-11,651=5601; 5601/17252=32.46%; 17,252-6000=11,252; 11,252/32.46%=346.64;
Using H & L Week 7th May 2018 and H & L 14th May 2017 plus Low 29th May 2018: 9,677.9-7,925=1,752; 1,752/9,677.9=18.11%; 18.11*346.64=6,278.41
7,040+6,278.41= $13,318 by 24th June .........but if things went bad max would be 9,677.9-6,278.41= $3,399.49.
For my above calculations I used the turquoise (light blue) zones in my charts. For explanation how I create the zones check my other postings like 12 May on the daily chart.
NOT ADVICE ALL DISCLAIMERS APPLY DO YOUR OWN RESEARCH