This has a perfect ABC gartley completion between $43000 & $36000. Do I think it'll go down that much? probably NOT. Fronrunning in BTC is notorious. However I do think that low $40kish will be tested before a MASSIVE PUMP!
all this has done is really put us in that July 2017 dip phase where it dipped from $3000 down to $1800.
COULD THIS REALLY BE THAT 1ST (REAL DIP)? IT SURE LOOKS LIKE IT!!
What followed was a 180% rise, then a 60% dip again from $5000 to $3000, then the last pop occurred taking it 6.5 x from the $3000 bottom.
I don't expect 60% dips anymore, volatility has dampened due to more money in the space. This would take us to $102,000, then $146,000 in the next 3-4 months.
THIS IS PERFECTLY NORMAL IS ALL I'M SAYIN..........WHEN IN DOUBT, ZOOM OUT!
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