Projection of a possible bearish scenario for Bitcoin

4 באוג׳ 2018

Taking a fractal of the previous downtrends and assuming this is going to continue down like the previous three moves up did, here is a possible outlook on where the bottom could be.

4 באוג׳ 2018

הערה

Please note, my bias is towards the bullish side as I think we have had some amazing news regarding ICE and some potential real world adoption use cases. I am trying to keep an open mind.