ALERT! PLEASE READ THIS ! I want to bring this to attention right away. Because I am a bit apprehensive. I have written a detailed article on it and No i am not looking for no Steem Rewards but a genuine thought and if valid it will shake the whole crypto community.
3 Major concerns -
was Correction short-lived? Last time we had such Bull run in 2013 correction lasted over 21 months. The recent Bull run which ended in 2017 December reigned over 28 months. So ARE WE REALLY DONE with the correction in just 5 months?
The assumed B Wave of ABC correction (5-3-5)was such short-lived. So are we still woking on B as shown below? It’s very Likely. So if so best case scenario, by rule B usually retraces between 38-79% of A ( which is $19800-$5900(end of A)=$13900). So B could be $5900+ 13900X.79= ~$16,880 which also predicted by
in recent post
Once B done, a devastating C wave is waiting for us NEXT which can take BTC to under $2k range. By rule, Wave C will always end beyond A i.e $5900. Please read my article for more details and share your opinions.
LINK to my blog/article
https://steemit.com/bitcoin/@dkalita123/are-we-done-with-correction-bitcoin-history-and-how-it-could-impact-it-s-future
RE: Bitcoin (BTC) Morning Upate: Probability vs Certainty