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RE: I am not buying more, yet.

in #btc6 years ago

If my count is correct, there is not much room for months of sideways action after the low is in. A WXYXZ ends the correction, always. That means the next impulse wave should start right after the low. But if it is any other count than WXYXZ, there is always a potential for a prolonged correction.

But to be honest 2000$ is already a 90% decrease. In another variant we would go up to 10k and then down to 800. How likely is that right now? Not very likely.

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