#BitChina Stomped At Its 2-4 Line; Bears In Force $BTC #bitcoin
As discussed in the larger time-frame, an interim rally is expected to occur before decline resumes.
Background geometry here is offering a framework for this nascent dynamic, as price is expected to reach the price level level of Point-4 as a high-probability event, versus a 1-4 Line attainment.
Independently, the Predictive/Forecasting Model remains open to its most bearish target at 1089.93, defined on April 10th - See larger analysis here:
, as well as smaller frame analysis here:
.
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
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Twitter:
@4xForecaster
LinkedIn:
David Alcindor
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.
Background geometry here is offering a framework for this nascent dynamic, as price is expected to reach the price level level of Point-4 as a high-probability event, versus a 1-4 Line attainment.
Independently, the Predictive/Forecasting Model remains open to its most bearish target at 1089.93, defined on April 10th - See larger analysis here:
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
-----
Twitter:
@4xForecaster
LinkedIn:
David Alcindor
-----
.