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Lionheart-EWA
29 de Nov. de 2017 9:09

BTCUSD - Wave Count - 12250 then 5500 ? 

Bitcoin / U.S. dollarBitstamp

Descripción

BTCUSD Wave Count and Fibs Measurements is suggesting that this ''beast'' could be ''tamed" if a solid drop in price would occur.
Wave Count is suggesting that a short-lived retracement could take place and then we could see 12250 as the last ATH before the "beast" would fall.

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BTCUSD losing half its value after 12250

If 13500 will be forced, then it would only make the Bear Swing even worse.

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BTC/USD could start falling towards 5500.00



If one more leg up, look for a proper Bearish Divergence.

Many pips ahead!

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Bubble bursting soon:

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Wave Count Update:



14800.00 has been unlocked

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Consolidation then last bigger swing, after that BTCUSD would most likely give up 30-40% of its gains:
Comentarios
martinmai
if you look at the history of october 2013 - november 2013, the graph there looked similar to our current year's graph. if a drop were to happen, it would probably be a big drop.
Lionheart-EWA
@martinmai, glad you agree
martinmai
@Lionheart-EWA, i'm glad you posted this. i had a theory of this last week, but i was told it was crazy talk. we'll see what happens in jan '18.
Lionheart-EWA
@martinmai, time always tells, let them take it up until the top :)
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