Possible Bear market future Sub $2k ? ! ! ! ! ! ?

2018년 8월 16일

Using simply 2 indicators, this is what I think we could be in for.

BTC has just finished the 5th wave of a correction. And BTC looks to be putting in the first wave of downtrend impulse.

If it is a 5 wave correction, I could see it going as low as 1.8k or if it is to be a 3 wave, ~3k is possible.

Using strong prior support/resistance levels on the daily time frame, I have set out my 3 or 5 wave downtrend.

Strap yourself in, because this is going to be a tough year.

My charts are for my own personal entertainment, in no way are they financial advice - do not listen to me or anyone else on the internet! DYOR