IF BITCOING BRAKES THROUGH $26,500, EXPECT THIS...
On August 29, I mentioned that bitcoin has the potential to go down to 23K.
With todays price surge up passed 26K, there is possibility of an overshooting B wave.
If BTC moves passed the $26,500 price mark, then the overshooting B wave up to the supply zone at ~30K cannot be ruled out.
This would set up a LARGE selloff down to the original
23K mark (completion of the C wave) after forming a HEAD and Shoulders Patter.
**NOT FINANCIAL ADVICE**
With todays price surge up passed 26K, there is possibility of an overshooting B wave.
If BTC moves passed the $26,500 price mark, then the overshooting B wave up to the supply zone at ~30K cannot be ruled out.
This would set up a LARGE selloff down to the original
23K mark (completion of the C wave) after forming a HEAD and Shoulders Patter.**NOT FINANCIAL ADVICE**
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