don_sanders

Fractals gonna fractal

Singkat
BITFINEX:BTCUSD   Bitcoin
Excuse the mess, I haven't cleaned up any lines.

So zooming out on the chart, BTC been following the exact same pattern crash pattern from the double top at ~11.7k on a ~40% scale of the one from ~17k. Even the expanding Elliot wave from $9k this round is included like it was from ~$11.7k the first time. If that continues, the puts us at least down to about ~$7.5k and then we have to see if we bounce back to the top of the downtrend at around ~$10k or continue down in the bear market to ~$5500. Hopefully, it goes up to $10k and past or it might be a rough couple of years.

Where do you think it will go next?
Penafian

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