Alright laides and gents. Just testing the waters with this one.
- I've overlaid the 2017 dump specifically with the bounce and rejection.
- So far this is playing pretty accurately but there's a lot of price action to go. It's going to be interesting to see where this land us..
On the monthly chart bitcoin -3.94% broke through the $6000 support after 10 months of consolidation in a descending triangle , exactly what happened in 2014. If this pattern repeats, which it is, starting off with a small 22% drop, and resting, it should continue down to a full 50% correction forming a bottom at $3000 between January-August of 2019, as it has...
