Bitcoin - 30%-40% dip incoming!
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We might see bitcoin below 10k one last time. If this truly is the start of the bull run (which it looks like it is) then we might repeat a fractal from 2014/16 where price hits the 61.80% fib level (jun 2016) after the lows of the bear market (jan 2015 and aug 2015).
Notice how it dumped to the 38.20% fib level for a total of 40% decline (june 16th to 1st of august 2016).
IF we were to do the very same thing, price would dump from ~14k to anywhere between 8k-9k making it the last dip before taking off into the bullrun of 2020/2021
Notice how it dumped to the 38.20% fib level for a total of 40% decline (june 16th to 1st of august 2016).
IF we were to do the very same thing, price would dump from ~14k to anywhere between 8k-9k making it the last dip before taking off into the bullrun of 2020/2021
Note
Fib levels from 2014/16 and the 40% dip in juneNote
PS: I'm only BTFD if price holds on the 38.20% fib level (above ~9.4k)
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