Chart provides BTCUSD next targets and potential bottom. DYOR
This is a predication analysis based on the historical price change of Bitcoin/USD. DYOR
Just a reminder of how $BTC traps people in correction of same degree by bouncing off golden pocket zones of fib extensions before dropping to 1:1 ( see how close it came to 1:1 in 2018 bear market bottom) . And this correction is of same degree of 2019-2020 drop and 1:1 of that is on marked price
analysis based on long term fib channel, elliot waves and time relationship for more detailed explanation see my recent posts i expect bottom around end of year.#NFA
Not a big fan of fractals but this seems like repeating as it was in 2019 bull market. We dumped 62% from top at that time. Also other factors coming in confluence for knowing those check my earlier posts . #NFA
#NFA #OUTOFBOXTHINKING scenario Based on EW counts , fib channel and speedfan .
looks like 5waves ending here with possible top marked and then a dump to 18-20k region P.S. :- not sure about timing but price action looks pretty much probable .expecting drop to 18-20k in end of sept - start of october #NFA