Bitcoin trashed. What's new?

Updated

In the grand picture of the 4 hr timeframe and beyond, everything SEEMS well on track to a FULL (x2) RESET. How much lower? My guess is as good as yours. But this is how i see it will pan out.

** For educational/entertainment purposes only.

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I updated my charts to include the Fibonacci retracements. 1.618 is the support which I always hope for a bounce. We have the hit the first HnS 1.618 retracement at slightly above 7915. My guess the next support will be at 7766.

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Ignore previous chart.

Funny how 0.5 turns out to be the same level as the double top and the recent HnS.

0.5 or 8000ish should gives us a good support for now.

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Next stop:

0.65 Golden Pocket of the Double top 'M'
Coincidentally coinciding with 0.786 of the HnS.

We haven't finished correcting yet.

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I mean it. Down.

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We go down to 1.618 from the double top. 5k-ish. When?

paper_value

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