BTC - Retracement Back to $6,600

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Price retracement based on the same 25% drop observed March 21st. I expect prices to fall in a similar pattern over 10-14 days bottoming out around $6,600 early May.


100% retracement? A bit ambitious mate
scazza2604 aplhowarth
@aplhowarth, If it's a continuation of the bear market, why not?
-Westy- aplhowarth
@aplhowarth, If you look at the huge 30% pullback early into mid-March (despite the higher high) I think a full retracement is more than possible, it's likely.

Especially when you look at the accumulation trend lines making new ATLs and the fact this market is entirely manipulated by the whales. The current chop zone we are in is going to go down hard.
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