What I am about to show you still needs confirmation, but to me it already looks like a sure thing. I would give this a probability of 75%.
This is just for your awareness, what you do with this info is in your own responsibility. It doesn't have to happen like this, but I have seen this pattern hundreds of times and most of the time it turns out as in the picture. I am very cautious right now.
It could start to drop any moment now. But it might also take 24 - 72h and could go as high as 18700$ before starting to drop... would still be valid to my count.
In my last post I already pointed out, that a major ABC correction could be forming:
But I certainly did not think about wave A dropping to 11200$!
You may call this really dangerous, because my target of wave C is 6000$ BTC, but you could also call it the opportunity of our lifetime! Because the expected rally afterwards is likely gonna dwarf everything you have ever seen.
If BTC drops to 6000$ or close to that, I suspect we have major wave one in @20000$, this is gonna be biggest wave 2 (down to 6000$)!
So if you see a sharp drop in price in the next few days, expect the worst, or in my case, the best.