meszaros

BTC correction continues.

Corto
BITSTAMP:BTCUSD   Bitcoin
BTC correction continues. My analysis assumes that we will see a further decline. Explanation is as follows, The bold white line in the chart shows the ATR axis of the BTC movement. The axis appears to coincide with the sideways line drawn by the local lower levels. It can also be seen that the peaks of the wave sequence formed on the ATR "mirror axis". These are indicated by arrows. From this you can also see the sequence. My assumption is that we are now in front of the second wave sequence with the second major decline. Target price : 44016 usd


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