Calculating the next Low based on previous drop ratio Short

Bitcoin / DollarBitfinex

Description

⋅ Nov 6, 2017 2:56 PM

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$!

Comments

JoE

⋅ Nov 6, 2017 2:57 PM

I got the same idea. here