BITCOIN (BTCUSD) UPDATE 19 JAN : MORE BEARISH SOON

in #bitcoin7 years ago (edited)

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Hi Guys,

Was busy for a few days. But was busy on studying the potential moves for BTC. Here is my view as per in the charts. These are my projections. $11200 comes sooner that i expected. If you follow my bearish call you know what i mean. Until the sub wave completed wave V, then i'll update more exact targets for ABC corrections.

I will only change my view if any new movements on the price action that is against my analysis. With this as a guide, you'll have an idea when to switch to BTC and alts.

Screen Shot 2018-01-19 at 6.24.02 PM.png

Link to charts here

DO NOT UNDERESTIMATE THE MARKETS :)
DO NOT UNDERESTIMATE THE MARKETS :)
DO NOT UNDERESTIMATE THE MARKETS :)
DO NOT UNDERESTIMATE THE MARKETS :)

Good Luck
Superblocks
http://t.me/superblocks

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Interesting analysis, thank you.
You wrote “weekly ABC correction”.
Does this mean, every point needs a week to come ?

@pale81, its the correction wave i noticed on Weekly Timeframe

This wonderful post has received a @superblocks 10.53% upvote from @hellowhale. Discord Channel: https://discord.gg/XG4y3mg You can vote in the name of the odl. https://steemit.com/~witnesses