Meet your new friends: bears. BTC\USD price overview.

in #cryptocurrency7 years ago (edited)

There were a plenty of bullish scenarios here. Using Elliot Waves means you need to look for IMPULSIVE waves, you need to look where the price WANTS to go, but not where you want it to go!
In my previous post I said, that there is a very big chance that after the completion of the bear-ish wave we will perform a corrective ABC, and then we will start falling once again. Here is my prediction:
4-6.jpg
And what happens right now:
54567.jpg
The only thing which I didn't consider is the wavelength.
Now we are going to test lower lows, and this bearish scenario may end at around @3.2k, but we will test @3.5k one more time before that happens.
Be careful!

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