Over the weekend, I posted that I believed BTC had bottomed and was heading into the $2100+ zone. However, in my view, it has broken down and may be headed to the $1500's. The exact target will depend on the structure of the decline. I'll be watching closely. The $2100+ target remains in play unless this correction becomes more deep than expected, below $900. There are other possibilities for this structure until we break last week's low. But we'll cross that path if we have a sudden unexpected upturn.
Seems a lot of my alternate views are in play this week, including LTC!.
Link to post over weekend, with a chart:
https://steemit.com/btc/@wildtrader/local-btc-bottom-likely
A reference on how I trade: https://steemit.com/cryptocurrency/@wildtrader/how-i-trade-cryptos-using-elliot-wave-theory
Disclaimer:
Trading crytpos is like swimming with sharks. These are unregulated markets. While I'm providing some analysis, the risk is all yours. You can get hacked, raided, and scalped. These markets can be thin and predators lurk. Do not put any money in cryptos than you can afford to lose. Always use two factor authentication on your accounts. And, regularly take profits out and trade something else
ETH: 0x214100463968649031A9D6E6A6C5B9aDdE540e29
BTC: 14Y4V2hFUKzQZe3rVJ8cTphv583FiRvgqS