Techmology

Primary Correction

Techmology Updated   
BITFINEX:BTCUSD   Bitcoin
I'd like to share the potential of this being a standard primary wave 4 of 5
Comment:
This would mean to watch closely for a bounce from $6k to $8k or $9k
Comment:
Considering the scope of a Primary correction cycle, I'd still like to remain open to the idea of a B wave up to $12/$13k area as was suggested in my PTSD from Bear attack? and Boogie Bear on Holiday charts.

Though a difficult undertaking scailing up in fractals, I think it's a bit premature to suggest a direct to $4k dump. We're in another pivitol moment right now where I simply can't say for sure. I see signals each direction could be possible and depends entirely of the class of correction we're actually within.

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