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RE: BTC update 22.06.18

in #btc7 years ago

I am not really optimistic about this, but there is a chance. Double bottom @ 6k sounds good and is plausible. I noticed that wave 2 usually retraces very deeply in BTC which raises the probability for this a little...

But somebody already pointed it out in this comment section. Such a huge downtrend usually ends with capitulation (4000-2000$). I am already mentally prepared for this downtrend to last the whole year of 2018. Anything other than that would be a positive surprise.