I present here two possible scenarios regarding CNY/BTC price. The first one is being described as a continuous to the current attractor trajectory, basically rendering the system unstable. Pick your exit point, since under these circumstances the next trend will be followed by a tangential graph that will form a reverse attractor (descending scheme), much like in 2014. The trend will reverse in about 30d.
The second scenario is being described with the red arrow, basically projecting the scheme to a larger (positive) attractor which will be landed at about 8000CNY (previous ATH) with a local low at about 6000CNY (or a bit below). The trend will possibly continue with a newer (bigger) attractor in about 4-5 months.
The second scenario is being described with the red arrow, basically projecting the scheme to a larger (positive) attractor which will be landed at about 8000CNY (previous ATH) with a local low at about 6000CNY (or a bit below). The trend will possibly continue with a newer (bigger) attractor in about 4-5 months.
