ethan_ng
Panjang

Analysis for BTC, what will happen on 21st Dec??

BITSTAMP:BTCUSD   Bitcoin / Dolar
I noticed that within every sine time cycles that I have projected onto BTC             , price always rise + price always fall thereafter.
Also, the larger the price increase, the larger the fall.
Overall, I am expecting BTC             to either reach 20k or fall to 9.6k.
Komen: BTC undergoing Wave B correction before Wave C. My prediction still stands
Komen: expect it to meet resistance at 16.6k and fall. (head & shoulder). If BTC breaks 16.6k, we can expect it to grow further
Komen: Like my analysis pointed out, we can expect next fall to 10K region
BTC customarily falls 23/ 38/ 60+ from support, there are too many buyers on dips to sustain that kind of free fall.

Why that low? Not critical, just interested, thx
Balas
ethan_ng mortonpeak
@mortonpeak, I used .62 fib re-trace value.
Balas
reach 20k of course it's just natural this time round
Balas
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