If I were to compare the 2013-15 correction and the current one (2018-2019), this is my illustration of that comparison. If this plays, then the correction for Bitcoin won't end until late this year. That next down turn would cause many to throw in the towel on crypto-currencies, and many would capitulate at a loss.
Again, if this plays, I am calling for an "X" wave back up to the median line, which would bring price to 7400-8200 range, and it should look powerful and convincing that this is a BULL market, and then, suddenly turn south.
As always, stay nimble!
Again, if this plays, I am calling for an "X" wave back up to the median line, which would bring price to 7400-8200 range, and it should look powerful and convincing that this is a BULL market, and then, suddenly turn south.
As always, stay nimble!