The path for bitcoin

BITSTAMP:BTCUSD   Bitcoin / U.S. 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.
@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
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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