THE BEAR MARKET CONTINUES PART IV

מעודכן
Welcome for another grand update on Bitcoin part of THE BEAR MARKET CONTINUES PART IV
BTC will test 10 Year Moving Average (approximately 2200 USD in July 2020)
Final Target 1 = 2203.66 USD
Final Target 2 = 1636.72 USD
GAP 1350-1830 USD
Right Fibonacci Extension wave (c)
Left Fibonacci Retracement wave (a)
Wave (b) returned more than 61,8% of wave (a), it's wave a.
If wave (b) returns more than 61.8%, it's wave a and wave c fails
wave c = (b)

Supercycle 10 Year
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When dominance rises, the price falls.
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ETHBTC - Mirror image dominance BTC.
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Dominance is in an extremely oversold zone.
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It follows bitcoin down, altcoins a lot down

NVT indicator signals epic fall
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Previous parts of the series
THE BEAR MARKET CONTINUES PART III

THE BEAR MARKET CONTINUES PART II

THE BEAR MARKET CONTINUES

The Bottom will be reached 23.6. 2020
הערה
0.618 Fibonacci retracement comlete - 10341.99 USD
Next stop MA 200 Daily
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הערה
Dominance rises, the price falls.
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הערה
NVT indicator has broken the long-term trend line
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הערה
Change of FINAL TARGET 2 = 1427 USD (Wave V)
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הערה
The bottom could be in the week from 13.7. 2020
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Elliott WaveTrend AnalysisWave Analysis

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