Possible Bitcoin retracement in the second half of January

2017年12月26日

I expect bitcoin to rise to 17k and then fall to 9k in the second half of January as a part of the Eliot wave retracement process.
Be cautious in that period!

2017年12月31日

註釋

Resistance is formed at 14k. If it not gets broken in the next week, we can expect another bearish period and retrace to 9-10k.

2018年1月7日

註釋

It seems that the second bitcoin fall has started.

2018年1月8日

註釋

It seems that the second Elliott correction wave has started. I think that bitcoin will fall to 10k before becoming bullish again.

2018年1月8日

註釋

Fibonacci levels adjusted

2018年1月10日

註釋

If BTC fell to 12500$. that support will be tested 3rd time in three weeks. I think it will be broken in this try. A lot of head and shoulders can be seen on the chart.

2018年1月16日

註釋

If the support of 10500$ gets broken tonight we can see 8000$ very soon.