Our BTCUSD correction chart has been very accurate since yesterday (see linked BCHUSD idea) and the price trend moved almost exactly on the lines that we drew. It was indeed an ABCDE correction as we predicted (see updates below).
Is the correction over? Time to party?
So I do expect a major correction of at least 30-35% or $11500 to $10700. This is the minimum I would expect after such a huge rally. Note that the last correction on Nov 12 was just 4 days, so BTC must be really tired now. Don't you think so?
40% correction is $9800
50% correction is $8200
I have added a lot a of details and charts with updates since yesterday here www.yours.org/conten...for-a-m-3ecf473ebfb8
Is the correction over? Time to party?
So I do expect a major correction of at least 30-35% or $11500 to $10700. This is the minimum I would expect after such a huge rally. Note that the last correction on Nov 12 was just 4 days, so BTC must be really tired now. Don't you think so?
40% correction is $9800
50% correction is $8200
I have added a lot a of details and charts with updates since yesterday here www.yours.org/conten...for-a-m-3ecf473ebfb8
