sirkriz

sirkriz

Ok we're at the end of the corrective wave inside the second leg of our white correction down towards the 40k level. It's still early so anything could happen here, but the main reasons why I'm still leaning towards a drop are: the wave structure we're currently in, where it appears to be the end of an impulse wave, being the third leg of a corrective wave...

sirkriz

On the previous idea (2) linked to this, we were tracing the Bitcoin price action to be following a corrective wave down ( white ) and were going through it's second leg ( middle ) on friday. The second leg further grew into a corrective wave of it's own composed of 3 waves itself ( yellow, blue, yellow ) where it appears we can expect a top around Tuesday...

sirkriz Updated 

Quick follow up on the previous projection for the Bitcoin price action based off Fibonacci levels, patterns in time and basic wave market structures. So far the Bitcoin price action has been following the path projected on previous idea. At this very moment it appears to be reaching the end of the second leg inside our main leg down towards the ~40k area forming...

sirkriz Updated 

This is a study and short term prediction on the Bitcoin chart based on Fibonacci price action retracements and extensions, based on identified patterns in ranges of time for price movement on previous low to highs, high to lows and high to highs. The predictions are created using the previous ranges of time and the Fibonacci golden ratio on retracements and...

sirkriz

BTC keeps moving up in corrections, this is just a bigger one