Before that, we also corrected at the other levels.
This will be for now our 5th and last wave. After that we will have some corrections upwards.
Long term we will have a whole year of correction. Bitcoin will get lower 100%.
Our SHORT TERM target is $ 6800 as you can easily spot on the Fibonacci. After that we will have a correction for a few days, no one knows how long.
Thats it. For more I will keep you up to date.
I just hold my position.
I will sell at target and watch for next steps.
No problem. I am happy that you liked it.
This is normal... whales are playing with us to steal some profits.
I dont let me fooled by something like that. Just trust your analysis and thats it.
The problem with Bitcoin is that there are many possibilities how it could turn out.
I just made it that way, instead of analyzing the whole picture, I looked at a single wave to see where our target is not like others. So I have an exact result for the short term.
Should we fall further then I buy more, what I dont think so. For short term we re over sold.
Just realized that if I had analyzed more closely, then I would also get a exact target of 6700 :D
I would not be so sure could be a DCB. But for now it looks good.