BTC Update

12 Jun 2018

I'm in full on bear mode, I'm afraid. I can easily count 5 waves down, into a somewhat ambiguous ABC up. I'm assuming another 5 legs down. If we assume a 1:1 ratio for the A+C waves and we assume around 1.0 - 1.618 using a fibonacci time tool - here's my targets! Shorter term we broke down through an ascending triangle (to start the subwave 1, wave C). On a macro scale we broke down through the bottom of the symmetrical triangle that has been building for the last few months.