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ethan_ng

Analysis for BTC, what will happen on 21st Dec??

Long
Bitcoin (BITSTAMP:BTCUSD)  
ethan_ng Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
5
3
trendanalysis chartpattern
I noticed that within every sine time cycles that I have projected onto BTC, price always rise + price always fall thereafter.
Also, the larger the price increase, the larger the fall.
Overall, I am expecting BTC to either reach 20k or fall to 9.6k.
Comment:
BTC undergoing Wave B correction before Wave C. My prediction still stands
Comment:
expect it to meet resistance at 16.6k and fall. (head & shoulder). If BTC breaks 16.6k, we can expect it to grow further
Comment:
Like my analysis pointed out, we can expect next fall to 10K region
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