If you understand the charts, you don't need to update Bitcoin 3 times a day:) Last time I updated Bitcoin chart was 10 days ago and my analysis was still valid until today :)
Looking at current situation I see possibly forming bearish flag, so we should see short term plunge to complete wxyxz corrective move.
However after this plunge I'm predicting 2 scenarios:
a) Green arrow scenario: "z" wave will complete (c) and (B) waves on bigger degree corrective moves and Bitcoin will reverse upside for (C) wave or 3rd impulsive wave (longer than my marked (A) wave);
b) Red arrows scenario. Completing "z" wave Bitcoin will make bigger bearish correction and plunge to break historic low
Considering that most of cryptocurrencies already broke it's historic lows and there is no much space to plunge more due to price close to "0", I'm more likely to believe in (green arrow) scenario.
Note: arrows shows just an indication of direction, not the specific points or targets!
This is not a financial advise or trade call, it's only my personal opinion.
PLEASE EVALUATE MY TIME BY UP VOTING AND RESTEEMING THIS POST. THANK YOU!
Your crypto_analyst
@andriustovis
Your prediction is again working out as you charted. BTC dropped to $7,900 and then rose to $8,500. Now waiting to see it drop to $7,244 before the 2 possible scenarios. Keep up the great work!