UPDATE: The expected drop will likely start soon.
This is an alternate count which is starting to become more probable. A week ago I already wrote a note in Edit2, that WXYX2Z comes to mind again. This was just a minor update, so I didn't want to make a new post consisting only of 2 lines of text without a picture. I wanted to wait what pattern red wave A might form.
So here it is:
If true, new lows are approaching slowly, even 4k is not impossible with this count. But first, we need to see blue wave 5 complete what I think is wave A of yellow Z.
This would probably mean STEEM at 40-20 cents in wave C of yellow Z. I would love to see that again. More than 2 Steem for 1 $? Awesome if it happens...
Keep in mind that this is not my primary count (yet). But if it happens I will power down as much as I can into red wave B, to transfer it into SBD, which could potentially buy me 3 Steem each in October or November. (I love high risk, high reward trading :D) This could totally lose me a lot of money, so I don't recommend anyone doing this as well...
UPDATE: My current prediction of the terminal low for the entire BTC correction is either 5600, 5200 or 4000. (I checked the fibs)
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