My abstract thoughts on longterm outlook for BTCUSD. I am bullish for BTC to reach around $9800 and a correction to $5000 in christmas timeframe. I think that that would be healthy for the whole market. Accumulation to early MARCH 2018 which would spark another huge BTC and ALTCOIN growth in similar fashion as 2017, which would bring us to 1T range crypto market cap. Longterm BTCUSD price at around 3.2MIL cause why not :D
註釋
BTC has retraced at the right timeframe but remains bullish which would indicate more upside. Chart is negated in that regard or you can still trust it just rule out the downtrend.
註釋
I was close but targets for this correction were off a bit. Euphoria went a bit to high hence correction is not going to be that deep but pattern holds and is correct.