BTC will drop again.
Aktualisiert
Bitcoin hasn't had a good pullback and retest at the $51,500 since its massive push up.
If it want's to keep climbing it will need to pull back for healthy higher highs.
If it want's to keep climbing it will need to pull back for healthy higher highs.
Anmerkung
The Fall down hasn't been as drastic as I expected. It is starting to form an upside down Cup pattern. This means we should be able to expect an even lower fall than originally estimated. Keep an Eye out for it to fall anywhere between 47k to 50K. Then look out for a handle to be attached to that upside down cup which is bad news for BTC, since it indicates an even further drop.
Anmerkung
wow, how My update was wrong. (did I mention I am not a financial adviser?)The breakout this morning indicates that it is heading to 57k, The bulls have rallied, Hazah!
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