Hi, guys!
Situation looks like BTC will fall down soon. It`s the natural process of market. We should remember that BTC is not an exception and this time is not different from others because people are the same. We have a lot of negative news now and more ones should occur in the near future. Some might be breaking. Euphoria has ended. Now panic and fear are on the place.
I used the Elliott's Wave Principle to forecast the price of bitcoin. All information is on my chart.
Good luck,
Serhii
Situation looks like BTC will fall down soon. It`s the natural process of market. We should remember that BTC is not an exception and this time is not different from others because people are the same. We have a lot of negative news now and more ones should occur in the near future. Some might be breaking. Euphoria has ended. Now panic and fear are on the place.
I used the Elliott's Wave Principle to forecast the price of bitcoin. All information is on my chart.
Good luck,
Serhii
Trade closed: target reached
Trade closed: target reached:
On Feb 6, $6,000.01 was BTC low. I was expecting $5,000 but it turned out that $6k was a bottom price. Despite of that fact, opening the short position was a profitable decision. My congrants