shubbs

This BTC correction similar to July 2017

Long
COINBASE:BTCUSD   Bitcoin
It took 3 weeks after the 41% correction from $3000 to $1758 from June to July 16, 2017 for Bitcoin to recover and surpass $3000 again. Four months later it peaked at $19892 on 12/17/17.

The 53.8% correction from $64899 to this morning's low at $30000 is similar to the mid-cycle correction in 2017. It should take about 4 weeks for Bitcoin to surpass $64899 again. I suspect after it will multiply at least 2-4 fold three months after and top in the latter part of Sep 2021 based on the golden ratio time chart theory proposed by tradingshot on trading view. JMHO

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