crypto_gunther

BTC Projection for July 2018

Long
BITFINEX:BTCUSD   Bitcoin
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.


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