Bitcoin near end of correction #BTC $BTC

in #bitcoin7 years ago

Bitcoin 1.31.18.png

Bitcoin may be at the end of its correction very soon. ETA about two maybe three more weeks. So far from rough count, there are 4 waves within wave C correction (Elliot Wave).

It is becoming very clear that bitcoin will settle around 0.226 Fibo retracement level. This also means BTC will reach new Potential ATH around $44k (2.618 Fibo).

Fibonacci is not entirely accurate with crypto so my best guess will be a reasonable $35k with a potential to reach $44k.