Are we perhaps looking at one of the greatest corrections in history? If this parabolic pattern carries out, we may be looking at a monstrous retracement of somewhere between 80% to 97%. We are far overdue on our correction, with both a bigger elliott wave soon closing out, with a smaller elliott wave within that wave, and now with the parabolic pattern on the outside.
Give this two months and everyone will be screaming that they were correct about Bitcoin being a bubble, and that's when we buy - at ridiculously low prices. Time to get our own garage to store all our lambo's.
Give this two months and everyone will be screaming that they were correct about Bitcoin being a bubble, and that's when we buy - at ridiculously low prices. Time to get our own garage to store all our lambo's.