crypto_gunther
Long

BTC Projection for July 2018

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This idea is similar to previous posts but has a different element.

First, the price of BTC returns to its all-time high which is expected.

Second, the price goes beyond the ATH to the amount featured in the diagram.

What's the basis for said amount?

I copied the fractal that followed the crash which proceeded its leg up to its previous ATH at $1,175.

Let me expound.

I flipped the current crash fractal so that the next rally up mirrors the fall. This fractal takes the price back to the ATH .

Then, I grabbed the fractal that proceeds the previous ATH at $1,175. However, I did not copy the portion from the lowest point of that crash ($.01). Rather, I grabbed the fractal with a starting point of $290, where it had returned to its ATH , up to the peak at $1,175.

I hope this post wasn't too confusing.

Let's see how this plays out.


Comments

makes more sense if it goes between 6/10/17 and 9/17, but whatever helps you sleep at night.
+1 Reply
@CPA4PAY, Thanks for your comment. It is a projection for July but this post isn't really about timing. So, I would agree with your date range.
Reply
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