Hello friends,
Just looking at the weekly and connecting the dots. Well looks like BTC isn't gonna make the cut according to this chart. Currently we are on wave D and we are looking for a bottom at about $4500.00, then we will be on wave E which takes us to about $8000.00 then from there we will see a bottom. How far down is a good question, it could hit lows in the hundreds.
Just a friendly warning that BTC is just a digital asset that could go to zero. Think about it...it is based on nothing! Best to hedge with something like gold IMO.
This is strictly educational and for entertainment purposes.
Cheers!
Just looking at the weekly and connecting the dots. Well looks like BTC isn't gonna make the cut according to this chart. Currently we are on wave D and we are looking for a bottom at about $4500.00, then we will be on wave E which takes us to about $8000.00 then from there we will see a bottom. How far down is a good question, it could hit lows in the hundreds.
Just a friendly warning that BTC is just a digital asset that could go to zero. Think about it...it is based on nothing! Best to hedge with something like gold IMO.
This is strictly educational and for entertainment purposes.
Cheers!
Comment:
Well don't say I didn't warn yah! :)
Comment:
That worked out so far