Felix000

#bitcoin worst case with global market impact by end June Y/N

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Unless bitcoin             can recover last weeks opening price $7,718.1, I have to stick to my calculation June 6th             of $3,399.49 potential by June 24. My last such calculation was supposed to happen between 5th to 16th May and didn't get realized till 26th onwards - maybe I should have said by end May, and in this case by end of June.

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Comment: EXTRA NOTE

How I calculate above:

Using H & L Week 25th Dec 2017 and H & L Week 1st Jan plus Low Feb 6th 2018: 17,252-11,651=5601; 5601/17252=32.46%; 17,252-6000=11,252; 11,252/32.46%=346.64;

Using H & L Week 7th May 2018 and H & L 14th May 2017 plus Low 29th May 2018: 9,677.9-7,925=1,752; 1,752/9,677.9=18.11%; 18.11*346.64=6,278.41

7,040+6,278.41= $13,318 by 24th June .........but if things went bad max would be 9,677.9-6,278.41= $3,399.49.
For my above calculations I used the turquoise (light blue) zones in my charts. For explanation how I create the zones check my other postings like 12 May on the daily chart.

NOT ADVICE ALL DISCLAIMERS APPLY DO YOUR OWN RESEARCH
Comment: My latest posting showing up next few minutes

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#bitcoin what's left to save?

Bitcoin -0.43% on its last legs? Time is running out Y/N ?

NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.

WARNING THIS STUDY CONTAINS A LOT OF BIAS.
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