After quite a drop I expect a possible bounce off the 23.6% Fib Level to retrace 61.8% of recent drop from New All Time High $2980. Therefore Target for bounce $2728 thereafter $1918,$1850 &$1628 Of course as always these are my ideas only and should not be treated as fact! thepatternsite.com/bt.html
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Adjusted Bounce Target : $2550 ~ $2660
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Bounce testing pullback levels!
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Nice bounce off fib and support trend levels possible look at $2700 + again?
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AndrewDoe
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Very accurate forecast! nice work Mr. Zippy1day
zippy1day
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@AndrewDoe, We will see not a certainty just yet lol
Noobincrypt
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possible i have similar thoughts. could also reject going lower on the megaphone...and inv h&s after.... or could just die and 3rd leg down,
zippy1day
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@Noobincrypt, If you have not already looked at the link to the pattern site provided then have a look at the example ASF as this could play out with Bitcoin?
Noobincrypt
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@zippy1day, do you mean on the link, the administaff example? Yes, it could play out.
zippy1day
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@Noobincrypt, Yes but needs start playing soon BTC I think got other ideas now pointed out still not fully invested will wait for lower levels