Bitcoin
Panjang
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Bitcoin, will we have a show correction or a longer one

Looking at the May correction, it lasted 95 days, meaning that this correction could end toward the middle of Feb after a sideway move from now onward, (green line).

Looking at the trend, I fear this could be longer and the drop could carry on until March before we see some kind of tentative recovery, (yellow line).

Soooo ... if we go sideway from now on, we should recover

If we keep going down to 26K then we will have a much greater recovery.
Nota
Looks like BTC is now just going to move sideway for the next few days

Penafian