wallstreetelix5
Short

The path for bitcoin

BITSTAMP:BTCUSD   Bitcoin / Dollar
pattern for bitcoin             developing into a large correction
Comment: $BTC $BTCUSD downgrading to 5500
highly recommend rethinking other options
+2 Reply
tchat football3958
@football3958, Agreed, take a look at BabaGoli's charts and notice that there are multiple scenarios charted for both directions. That said, I don't necessarily think this is an outlandish scenario, it just doesn't look to have a strong foundation as it stands.
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@tchat, i dont work with multiple scenarios... that just tells me they don't know what they are doing. for now, 5800 will come either way though. after that, we will see
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tchat wallstreetelix5
@wallstreetelix5, OK, but you might look at the progress of your BTC charts from 9/27 to today's. They were all reasonable at the time but had to be amended. For the record, I pretty much agree and, in fact, think we'll be looking at 3450 by early in the year. Frankly, I'm surprised we're not already below 5800.
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