I still believe this is an accumulation but might take 1 year more so I updated my previous idea, I believe we are going for a spring based on wyckoff accumulation. Altcoins on USD pair should see lower lows as well:
I believe we are in a bigger correction and bear market is not over yet so I posted this idea based on correction waves, as you can see if my counting is right we will follow a bigger drop from what we had now and should last one more year.
If I`m wrong and this was only ABC correction and not 5 waves then we should see breaking parallel channel and bull market...
Hi, I made a super bearish idea that might take us on 2016 prices for bitcoin -2.91% and altoins, correction is based on 3 fractals that will take 1 year and having a 70% variation on each based on first fractal .
BTC -2.91% Fractal 1. $20.000 ->$6.000
BTC -2.91% Fractal 2. $10.000 ->$3.000
BTC -2.91% Fractal 3. $5.000 ->$1.500
This is pure...
I combined all my chart ideas in a single one and I strongly believe that I may have a final target zone and time interval for the bottom of this market.
Time: between end of December and end of January
Target: between $2930.00 and $1830.00
The $2930.00 and $1830.00 targets can really be seen from moon... they appear on all intervals.
SEC might have a look on...
Have another idea... I know, don`t tell me... my point is that we did not hit bottom yet and my targets are different I know but on this idea I tried to match approximate bottom time and an more accurate target price based on:
1. recent news( ETF denied) - it seems that SEC will reconsider ETF in 2019 February
3. bitcoin futures -2.21% - I believe...
If this is the case and BTC 4.53% will follow my target before 19 September 2018 it mean that we will hit the bottom, might revisit this target later but BTC 4.53% will not go lower, as my first idea BTC 4.53% is heading to $1800.00.
If BTC 4.53% goes a lot higher or a lot lower that my $4600.00 then $1800.00 target from my other idea might be still in play ....