Bitcoin Rebound from Fib channel lines

9 Oca

Placed a Regression line through available exchange history.
Using the basis as a guide placed a Fib channel on to the Basis
and extended it to the first peak.
This correlated to the second third and fourth peaks
Conclusion: Possibility price falls to the lowest channel line
corresponding to the first low following a high

9 Oca

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That might put us at a low of between 33,000 and 66,000 depending on the rate of decline