D4rkEnergY

BITCOIN Might Follow This Path!! Put On Your Tin Foil Hat....

BITFINEX:BTCUSD   Bitcoin / Đô la
Dear Friends! :)

Yesterday D4rkEnergY showed you a comparison between the price movements in 2014 and 2018, which had some scary similarities! To follow up on these charts, I decided to make some calculations and used some Elliott waves combined with Fibonacchi levels to see, how Bitcoin             would move if we would continue to follow the 2014 path.

On the charts we are looking at right now, I have zoomed in to take a closer look at the current action. Both charts show, that we came down via a bear flag , had a smaller correction to the upside and then the double bottom (red circle).

After that we went trough the downtrend channel with a massive spike with huge volume .