BTCUSD - Q3/4 2018
Bitcoin started a bear trend after a parabolic (USD 19,000) move from the low USD 1000s,
we see 3 descending triangles, two of them with a strong price increase
First time retrace abt 60%
Second time abt 40%
I expect the third correction to be around 20-30% (i.e. USD 4800 - 5200, after which i expect to a price consolidation and the next bull run (MAYBEEEEE)
whats your thoughts?
Note
abt is "about" not ABT (apologise)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.