You are viewing a single comment's thread from:RE: Bitcoin (BTC) Mid-Day Update: Why the Bottom Could Be Done!!View the full contextxantos (25)in #bitcoin • 7 years ago Could this also be a bear flag?
No. This is wave 3 of wave 3 the most powerful of the waves. Wave 4 will come soon ( a small correction) followed by wave 5 which will take it beyond the peak at 10.5k. Don't sell a single Bitcoin till then. Cheers !
Yes thats right.
Still there is a chance for another drop at 10.5k in my opinion
Probably you are talking about wave 4 correction that should correct below 10k. And that is normal. But it should be quite fast.
I mean exactly that scenario
Its a bit disgusting but possible in my opinion
What do you think
I think that it could happened but much higher, like before the $17k level. There is no reason and volume to do it right now.