BitcoinShort
BTC AB=CD Bear - Target 2826
Updated
AB=CD pattern satisfied @ 8011 (Leg C)
Leg D target 2826 (current)
Leg D target range if 9101 met or exceeded = 2650 range
Study nullified if origination price 10491 exceeded
Leg D target 2826 (current)
Leg D target range if 9101 met or exceeded = 2650 range
Study nullified if origination price 10491 exceeded
Note
BTC either exceeds 10,491 or corrects downward back to 2016 levelsThis is a valid pattern but is negated when 10,491 exceeded.
Lets hope so.
New target resides below $700.
Prices and value history
Date USD : 1 BTC
May–June 2016 $450–$750
July–September 2016 $600–$630
October–November 2016 $600–$780
January 2017 $800–$1,150
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