CRYPTO - BITCOIN BTCUSD $BTC.X - EW Forecast
Model Forecast:
- Line of Least Resistance for this Impulse.
- 20k bottom at the least, possibly lower depending on underlying conditions.
- Expecting sub 10k levels before trend reversal.
- Global economic recession & bear market beginning... BTC is no exception... in fact it will be hit the hardest.
- COVID-19 Wave 5.
- Learn from the mistakes of 2017... Trade another day!
GLHF
- DPT
- Line of Least Resistance for this Impulse.
- 20k bottom at the least, possibly lower depending on underlying conditions.
- Expecting sub 10k levels before trend reversal.
- Global economic recession & bear market beginning... BTC is no exception... in fact it will be hit the hardest.
- COVID-19 Wave 5.
- Learn from the mistakes of 2017... Trade another day!
GLHF
- DPT
Comment:
Model Upgrade Testing Updated Line:
