JonasBenjaminFriedrich

Bitcoin Medium-Term EW Analysis

Short
BITFINEX:BTCUSD   Bitcoin
I expect Bitcoin to drop into the 8000-7000 area in the medium term. This Zone 8000-7000 maybe even 6000 will then be a key Zone in the decision of which Big Picture Szenario plays out in the long term (take a look at my Big Picture Bullish and Bearish Count). Should we not find Support in the 8000-6000 Zone then I expect the Bic Picture Bearish Szenario to play out (Hype Kill) if we do find Support around that area we need to see if it sustainable if it is then this Zone could be a very could buying area for a long term up swing.
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