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RE: BTC update 15.08.2017

in #bitcoin7 years ago

What makes you say its not a crash? I'm not saying I disagree but I wanted to understand what drove you to this conclusion. I am bullish bitcoin long term but believe we could have quite a severe correction as prices have got ahead of themselves.

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1000$ is severe in my opinion, thats like 20% from all time high.

The waves tell me it is a normal deep correction as a wave 4. A crash would be >=50% which is not gonna happen with this correction, in my opinion. I only count the waves, the chart tells me what to do.

this is just a pullback i think

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