GerardWalker

Bitcoin 5k scenario

GerardWalker Updated   
BITSTAMP:BTCUSD   Bitcoin
Just putting this one here as one of the alternative paths
Bitcoin seems to have rejected the 0.618 log scale fib resistance which is common for (x) waves
Besides we havent really visited the 0.618 fib retrace in the log scale which is the common minimum targets for wave (ii) correction

Again this is just a scenario not to sure yet if this will play out
Just something to be aware of

Stay safe
Comment:
CME gap created 12th of August gap didnt fill but price went down 44% instead
Gap hasnt filled up until now btw
Yall think this time will be different?
WE shall see only time will tell

critical levels marked

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