We have seen a serious growth of Bitcoin since August,after the last major correction , its time for a new correction as u can see on the graph bearish flag its tells us about the continuation of the downward movement I used previous support levels and Elliott Waves to forecast possible extremes of local correction
wow i sure hope not. Note that the august weekend was a ~~40% correction ... fell from 5k-3k...remember it like it was yesterday... the original sell off from 19k down to 11k was also ~~40%.. i believe we may have already got the correction you are predicting here...could be wrong though...i think the next stop would be 8,800 at the most though. 5k is a bit extreme, but only time will tell
ICONOMY
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@Blorenz, as you can see on the chart , i marked 8800-8000 lvl,but we must consider alternative ...
ICONOMY
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@Blorenz, and dont forget about gloal correction....