After extensive Gann theory research and analysis, if the overall trend is bullish it will have to pass the 2/1 line for a correction to finish. Comparing to the 2013-2016 fractal it took ~1 year after the hard correction to resume a bull run, it looks pretty much like the same situation now. Looking at this now long term holding was and is a viable option. These fractals being almost the same with only a difference in magnitude seems like big money manipulation is going to run crypto for a good time being. Bitcoin should be bullish by the end of this year hopefully.
Yorum:
Next point of interest, August 1, 2019
Yorum:
Holy, either manipulation or a belief in bitcoin through a rally, idc. Its about to cross the correction line in which a true bull run will come through as indicated in one of the Gann intersections, a breakthrough here will ensue a hard upwards rally while a rejection will indicate a temporary bull run which could take more time to correct.
