Bitcoin is in a falling trend.Waiting for the bottom in the area of 1100-1300 dollars until September 2019. Next, a new bullish growth cycle.
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So far, the script is being worked out as drawn(not so fast fall to the current goal).Soon I will make an idea with updated goals for bitcoin.
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Explanation of this graph.Bitcoin shows weakness for growth.So I revised my goals for its possible bottom.In global terms, the cryptography market is emerging and what we see is the current decline is only the second wave in the five-wave growth structure.The first global wave lasted 9.5 years.It reached a maximum in 19891 usd for 1 bitcoin (according to the Coinbase exchange).Then I wait for the fall to the level of 200-400 usd for 1 bitcoin.And only after that we will draw a new trend up to new heights.
Explanation of this graph.Bitcoin shows weakness for growth.So I revised my goals for its possible bottom.In global terms, the cryptography market is emerging and what we see is the current decline is only the second wave in the five-wave growth structure.The first global wave lasted 9.5 years.It reached a maximum in 19891 usd for 1 bitcoin (according to the Coinbase exchange).Then I wait for the fall to the level of 200-400 usd for 1 bitcoin.And only after that we will draw a new trend up to new heights.
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