TheBanq

Calculating the next Low based on previous drop ratio

Short
BITFINEX:BTCUSD   Bitcoin
Look at my last Idea, i explain what i did.
I would personally take out the 39% drop, since it was mainly fueled by China FUD.
Taking the previous as Benchmark, we would get a 45% Drop. At his current 7600 high, that would bring us down to 3420$!

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