BTC AB=CD Bear

Leg C of an AB=CD satisfied.
Target is $1700 range.

$9700 matters on the oscillation
$7700 matters on the demarcation

Remind myself we are viewing something that swings in value from sub-$1000 to $20000 to $3200 to $13000 to $4000 to $12500.

Where there is no ceiling there is no floor.

Комментарий:

This pattern is so strong the actual target is negative which was impossible until we saw negative oil this year. Not that it is possible with the Bitcoin network but it goes to show these are amazing times we live in where the unbanked are banked because untold Trillions drive a market not capable of true valuation because it hurts too much. The pattern will likely be negated but that doesnt mean $9k, $8k, $6500 cant be tested before $13800 is exceeded which negates the pattern.

GLTU!