asquaredps

STILL ON COURSE FOR A POTENTIAL 40-50% CORRECTION?

BITSTAMP:BTCUSD   Bitcoin
TBH I'm too lazy to explain it all but after looking at previous charts including RSI reading, volume, and MA. I set the target for a 40% correction(worst case scenario), we're not there yet but new patterns show we could go even lower than that.
The weekly chart also showing the candle stick pattern that indicates a change of trend
Nothing confirmed yet, could still see the 30k support or the MA support hold up

Next few days are crucial
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