meszaros

We expect BTCUSD correction...

BITSTAMP:BTCUSD   Bitcoin
We expect BTCUSD correction. According to our assumption, the current movement is fractal motion. The fractal monthly ATR of the previous source was 186 usd. This 186 usd ATR caused the exchange rate to rise to 1000 usd. The current Fractal Monthly ATR is 670 usd. It fractures with me, so with the pair of source fractals ratio, this value is 6300 usd. If a waveform is assumed, the second wave of a double ascending wave structure is also at this level. For both wave and fractal calculation, the correction should be of a significant size, up to 4000 usd.

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