Hi friends.
So i look back now on BTC the last bullrun and bearfest. It is pretty easy to see how crazy 20k was, and that we needed a serious correction.
Actually , on November 8 2017, it looked like 5 standard waves was completed, and started to correct. if we then would have a healthy ABC correction ( in purple) , we would land on around $ 3300.
but it didnt happen, we had a huge extended 5th wave instead.
Now we have corrected to this exact area.
Interesting.
So i look back now on BTC the last bullrun and bearfest. It is pretty easy to see how crazy 20k was, and that we needed a serious correction.
Actually , on November 8 2017, it looked like 5 standard waves was completed, and started to correct. if we then would have a healthy ABC correction ( in purple) , we would land on around $ 3300.
but it didnt happen, we had a huge extended 5th wave instead.
Now we have corrected to this exact area.
Interesting.
Note
pretty interesting to see we hit the old 3 target, and bounced to the 4.random ? perhaps not
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Disclaimer
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.