6000usd
BTC to 6000 (85%)... or 11000 (15%)With the Bitcoin daily chart in a strong buying mood, I see two most likely next steps:
a) the buying momentum cannot be sustained and after another day or two of good gains, we'll finally begin the descent to 6000USD
b) the bulls drive us back up to challenge 11000USD once again
I consider option A to be 85% likely. How about you?
Please hit the thumbs up if you agree. This analysis is for educational purposes only and not a recommendation to buy or sell. Always do your own research before trading.
BTC- Could that be the last wave of correction?First of all let me tell you that I am not an expert in chart analys. I've not been doing this for a long time, I just really like charts since ever! :)
So, resistance line was formed back in november 2017, just bofeore the huge "mooning" point. We can see the 5 elliot waves to the top and then 5 correction one pointing into that resistance line. According to my chart analys, we are now in final wave, going down to around $6100-$6500.
Thoughts? Please no hate comments, correct me / give me your opinion rather than hate :)
