Looking for possible moves in BTCUSDFirst of all : I see 3 cases in BTC :
1)BTC is doing a V correction and is going to the upside and will mark a top in the 72-85k price range and after that a correction of about 40-50% will likely happen based on historical runs of 2013 and 2017 where BTC has crashed at a steep pace after marking its top and retracement back to about 70% or (in fib 70.2) where most alt coins complete their bull runs. Some alts finish along with BTC based on historical data .EG : LTC,DASH,BCH,etc.
2) BTC is doing a ABC correction and will go down as deep as 35k and will see a reversal and will move upward as mentioned in point 1 .
3) BTC has marked it's top and is on a correction and may go as low as 30-35k price range and do a final retracement to about 55-58k price range where reversal will happen .However i find this very unlikely but again it can happen .
IF BTC played out like expected then i expect BTC to bottom down between 10 to 14k price range.12k USD price is what I'm seeing as bottom.
I stay entact to what I said in previous ideas and the data mentioned here is in reference of those ideas.
#These factors rely on BTC topping out during the 70 to 85k price range based on the 2013 bull run.
#Consider this invalid if BTC breaks 100k USD
#DYOR
#This is not investment advise
