Litecoin has given clues to what Bitcoin will do for a long time now.
Drive 1: Breakdown from channel support/ 50%
Drive 2: Breakdown from 62%
Drive 3: Breakdown from 71%
Reversal at 79% ?
It failed to break out of the Fib channel but hasn't broken down yet completely so it's possible we could see something like this.
Previous analysis:
Drive 1: Breakdown from channel support/ 50%
Drive 2: Breakdown from 62%
Drive 3: Breakdown from 71%
Reversal at 79% ?
It failed to break out of the Fib channel but hasn't broken down yet completely so it's possible we could see something like this.
Previous analysis:
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