Just like the chart image below, Many traders' TA shows that the corrective wave will reach between 0.382~0.618 fib level which is around $7,200~$7,600. However, you guys know what Bitcoin likes to do these days. It doesn't want to do opposite of what traders say! So here is other possible scenario. We might actually have finished our correction which only retraced 0.238 since bulls are too strong. One of the back up reason for this is that what people think wave b is consisted of 12345 impulsive wave structure so I think it might be our first impulsive wave. But of course if it breaks $7,800, this becomes invalidated.
코멘트:
I meant to say bitcoin wants to do opposite of what traders say.
코멘트:
This is also possible case where wave 5 is truncated.
This is also possible case where wave 5 is truncated.
코멘트:
If this count is still valid
If this count is still valid
코멘트:
Here's what i uploaded on korean server. And so far I am quite right.
Here's what i uploaded on korean server. And so far I am quite right.
코멘트:
I mean this one
I mean this one
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