BTCUSD WORST OF THE WORST CASE2-3 Months from now
1.) If BTCUSD doing Irregular flat, the last price target is around 9,080$
2.) If BTCUSD doing C of Truncated Zigzag, Price should go at least 5,321$ or lower (From the theory, The price must not be lower than the lowest price which is 2.22$)
3.) If BTCUSD doesn't make a new low and the price goes sideways, It may make last wave C and then go down
4.) If BTCUSD doesn't make a new low and the price was reversed or changed trend, It may be making wave B or New Bull Run.
These 4 things can happen or never happen, My wave analysis still needs practice, and I'm Never afraid of the mistake.
BITSTAMP:BTCUSD
Worstcase
They say it's going to get lowI have a big trend line starting at the top ~19722 and it touches two distinct candle bodies around 11474
Starting the Fib retracement from the bounce up after the catabolic rise, I do believe it is a strong sentiment.
Realistically, you can see where the ultimate highs are gonna be and you can see where the most brutal lows are gonna be at. The bottom of my scale goes down to 800, and that is ridiculous. If it goes there, it goes there. They call death, and I'll be buying. And I know that sounds really extreme, but this chart gives me a sound sense of mind that a storm is gonna come rolling. Unless this trend is broken, and we break through 1700, find support there and 1800 and move up and on wards, it just seems like it gonna be a rocky road going downwards. And it's taking the "behind-the-scenes" magic and actual infrastructure of the technological future that is the blockchain world being built that is gonna always keep this train rolling. I'm excited for the ride, so buckle up, and keep your arms and legs inside at all times!