OMFG. We past the 88% retracement. This means the chances of this going up without a low below 3000 is 6%. Hate to say it but this looks very bad.
OMFG. We past the 88% retracement. This means the chances of this going up without a low below 3000 is 6%. Hate to say it but this looks very bad.
Wow that’s bad. Is 1000 even possible? Does this mean game over?
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No, from an EW standpoint that is not game over, but it possibly means again years will go by before we recover.
I hope that we stabilize at 4500 but the odds are bad.
For me BTC is gone for years right now. All we have to do is postpone until next cycle.