Could BTC head down towards $1500

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
As we start this new week, with fresh wave of sell offs, we are starting to realise that $3000 may not be the bottom for BTC . 3 Targets are stated in this chart, Red, Yellow and Pink. I do believe that Red and Yellow will be meet with ease, While the Pink target could be a lot harder to catch.


The question is not whether BTC could get to 1500 - as nothing prevents it from doing that. The more important issue is whether one can find the means to follow and exploit it to that level, for profit.
DOUBT IT, possibly can hit 3k and reverse back.
I agree, I follow a guy called Alfonso, he has been calling 1200 for previous 9mths with good TA.
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