BITCOIN - Trend Based Time Revised

٢ يونيو ٢٠٢١

To revise previous Trend-Based Fibonacci TIme - Bitcoin is coiling and has completed an E wave of the contracting triangle. It could fall out to the downside however it looks probable that price will drift sideways to somewhere near the 1.618 fib-time around the 11th June. From there I think we are about to witness the biggest crash ever in Bitcoin's history.

٣ يونيو ٢٠٢١

ملاحظة

Was a bit early calling the E wave. This will probably be a fake-out.

٣ يونيو ٢٠٢١

ملاحظة

BTC has broken the pennant. It is now in no-man's land. As long as price is under the C wave top, it is regressive.

٣ يونيو ٢٠٢١

ملاحظة

Interesting that price broke up, not down at 1:1 time fib.

٣ يونيو ٢٠٢١

ملاحظة

Price topped around the same fib as previous oscilaltion - just shy of 0.886. Thats probably the top and perhaps a lower high will form before heading down. We'll see.

٣ يونيو ٢٠٢١

ملاحظة

I don't have a solid fib from D due to exchange slippage, but it doesn't make too much difference.

٨ يونيو ٢٠٢١

ملاحظة

This one went well.