Dump on BTCUSD yesterday is still just a higher low, so I wouldn’t consider it a real break. The volume was not significant and the dump was wicked right back to the original trend. The equilibrium pattern will just extend and as long as it continues to form lower highs and higher lows, I would expect a break as early as this weekend but more likely mid-week next...
It appears there’s a pattern emerging from the recent EOSBTC manipulation. Every time there is a correction to the .618 there is then a corresponding extension to the 3.618. That cycle has completed itself on the last 2 cycles, and is in the process of completely the first leg of the 3rd correct to the .618 again. If this plays, EOSBTC should extend into the upper...