Bitcoin

Btc bottoming - See my short term bounce target

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I have been anticipating a Btc local bottom as low as 108K since Aug 9th. It was a high probability call, because it's what Btc always does! Follow the patterns...
Is Btc doing what it ALWAYS does?


Now that my T2 has been hit, I anticpate a bounce into my high probability range as seen in the above chart. I will be monitoring price action very closely to see if either of the other 2 higher targets are possible before my anticipated reversal. I will be taking profit at the top of this bounce.

There is a possibility, based on the 3 week down rule, that the reversal (from my targets) may lead to a lower low to my T3 (below current low at 107.5K). This may happen as soon as late Sept- Oct. I hope I'm wrong about that.

May the trends be with you.

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