BTC may not be done correcting!

in #bitcoin7 years ago (edited)

In my opinion the correction is not done!

Here is my thinking:

  1. correction overlap with first wave
    1

2)on the total market cap the shoulder line was breached and the buttom is not in yet
total market cap.PNG

3)here is my count : ABC correction and C is an ENDING DIAGONAL
ABC

3.1) WHY? underlined
diagonal 222.PNG

3.2) only this is abc
bear.PNG

3.3) I can only see threes (3-3-3-.....). even in all the alts

4)more reasons? because ... fractals

4

i m new at this! and i m here to learn. Please tell me your opinion and where i am wrong.

Thank you!

P.S. Don't hunt me with an axe because you lost your money. I have lost mine... I have no ideea what i'm doing. :)

Sort:  

Thanks for showing the SHS top in total marketcap. Very interesting find. I think this is in line with sentiment right now. So a total marketcap of 300B would not surprise me at all before sentiment turns.

Thank you. And yes it goes well with your 5800 target for BTC. We are only half way there according to the total marketcap as well. i espect lower lows for most alts as well.

? :) with? the learning? with Crypto? with steem? :)) With bitcoin? you don't agree?

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