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Lakshmi-Trader

BTC to 1160 USD then a small increase and then 200-400 USD

Bitcoin (BITFINEX:BTCUSD)  
Lakshmi-Trader Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD btc2019 btc2020 btcforecast btc1160usd btc200usd btc400usd
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trendanalysis chartpattern btcusd btc2019 btc2020 btcforecast btc1160usd btc200usd btc400usd
BTC to 1160 USD then a small increase and then 200-400 USD
snapshot
Explanation of this graph.Bitcoin shows weakness for growth.So I revised my goals for its possible bottom.In global terms, the cryptography market is emerging and what we see is the current decline is only the second wave in the five-wave growth structure.The first global wave lasted 9.5 years.It reached a maximum in 19891 usd for 1 bitcoin (according to the Coinbase exchange).Then I wait for the fall to the level of 200-400 usd for 1 bitcoin.And only after that we will draw a new trend up to new heights.
Comment:
In a few of my ideas from August-October 2018, I was thinking about the bitcoin day in the area of 2500-3000 dollars.Well, to put a small chance that we can go to the district 1160-1275 dollars as a result.After these goals painted in their ideas the long-awaited to the moon.And you know I then posted in the ideas below $ 5,000 bitcoin is not.But look how it happened(3200 minimum).Now consumer demand is balanced with sellers.Yes, there may be offsets up to $ 5000-5800.And many are right a strong drop in bitcoin will clear the market of altcoins from the bench and all sorts of rubbish.So I am now waiting for the following goals 1160-1300 dollars and after that $ 200-400 is the ultimate goal.
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