BTC to drop but bounce back. This is not a crash.

17 ม.ค. 2018

Every single market in the world has corrections. The % loss / gain is relevant to the market we trade. You can expect a market that has compound growth of 20-30% each day, to have a correction of the prior range that will fall between 50% - 78.6%. This is a AB-CD pattern that forms a nice zig zag. We will see it most likely hit this 78.6% point (or 75%), and bounce back. Many posts and messages today have had a lot of panic. Corrections happen in every single market, the crypto market is no different. Thanks!