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RE: Bitcoin (BTC) Update: Is the sky falling?
How sure are you about the coming downtrend? Also what makes you think that BTC will go as low as $2000?
Thanks.
How sure are you about the coming downtrend? Also what makes you think that BTC will go as low as $2000?
Thanks.
How sure am I? I know not exactly when Wave III will top, but know that a top is approaching. I'm certain that now is NOT the time to be taking BUYING actions but rather SELL actions. This thus means selling into strength as I had bought into the weakness of prior bottom in July.
Once Wave III tops, then wave IV is next and it often retraces to prior wave 4 and that was around July bottom to around $2,000.