Correction in an expanding market observing basic bubble principle and wave theory, returning to expansion sustainable trend.
Blockchain technology is great and promising but 2017 boom is hardly sustainable considering all the risks and premature state of the technology and it's implementation.
Analyzing the correction structure with Elliot wave theory clearly show a 3-3-5 flat correction behaving market at multiple fractal levels.
I'm expecting a final 5 in a 3-3-5 "ABC" correction .. then who knows .. :) cheers.
Blockchain technology is great and promising but 2017 boom is hardly sustainable considering all the risks and premature state of the technology and it's implementation.
Analyzing the correction structure with Elliot wave theory clearly show a 3-3-5 flat correction behaving market at multiple fractal levels.
I'm expecting a final 5 in a 3-3-5 "ABC" correction .. then who knows .. :) cheers.
