All information is provided in the chart. Based on daily divergence since march 2017, assuming we are at the bottom now, the miniumum pump we should expect is back to 11k and the average pump would be to 20k from here. I won't discount the very real chance we dump to the mid 6k range which would slightly change our targets. Either way we are close to the bottom, History tells us to buy.
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Very proud of our reaction so far! Hopefully we will hit my 11k target soon!
Nice chart, I think 11K will be it, because of the big waves 12345 from start trading bitcoin and 3K to 14K was correction wave AB, we could be heading for point C at around 1180 dollar.
11K is the 61% retrace off the 14k = 7,2K so would be perfect to step out below 11.
TEXAGG22
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@Bullbrain, I do not believe we will go below 6k much less 3k again in the history of bitcoin. But I could change my tune if price action proves me wrong. Thank you for the comment
Scygon
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This was an awesome call, nice work. What are your thoughts on the current structure?
11K is the 61% retrace off the 14k = 7,2K so would be perfect to step out below 11.