BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here are 4 possible paths for bitcoin based on past fractals.
Comment: Pink path confirmed.

Comments

Violet line its getting closer to the reality of what's coming. But i don't think its going to bounce from 4.4 kto 6.6k . The first support is 5k,next 3.6-3.8k
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@Bull2025, 4.4k is 78.6 fib level of the whole bull market. It'll bounce like a mofo from that level.
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Bull2025 BTC_Dreamer
@BTC_Dreamer, So why are we bouncing from the 5.8-6k level like a mofo since feb??.. stop believing in fairy tales..that fib its nothing. Look at the last major support from last year.
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I think blue for sure but i hear again and again it could make the plunge to the 3000 s so I am fingers crossed hoping we are going to follow blue ! thanks for sharing
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I also lean towards the blue
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In my view, in the weekly and daily charts BTC is already at the bottom range of the crash, but in need of a last shakeout before markup can start.

And it seems that such downward trend is not going to happen easily, most certainly because everybody is already anticipating that prices can go up like crazy after a week or two.
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@cmbmvl, well, if the green path plays out, it may range between 5.5k and 8.5k for a while to make everyone quit and then moon. I still think the blue path is more likely.
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i think the pink path is most likely. What do you think?
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@Remii, I'm leaning towards the blue actually. But pink is a close second. I think if it manages to get over the .236 fib without dipping to $6150, then the blue path will activate. If it shoots straight to the .382 without retesting the .236, the green path will activate. If it dumps to $6150 or lower, the pink path will activate.
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Remii BTC_Dreamer
@BTC_Dreamer, Thanks so much, ill keep an eye at the .236 fib
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