BandBInvestment

Reverse of BTC

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BITFINEX:BTCUSD   Bitcoin
The target 42000 was the last and it corresponds to 2,618 relation between A and C. To tell the truth, this aim seemed to me too low-probable and such relation is very seldom in practice, however BTC has reached it and started significant correction after this. So, now I consider, that BTC has already reversed. If BTC continue its increase above 42000 it will mean, that I was completely wrong and BTC is in new big bull cycle. In addition, the low volumes of trade and sharp surge of BTC from 3000 to 42000 point out to that it was correction ABC and not beginning of new bull cycle.

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