the COIN update

last post on BITCOIN: https://bartscharts.com/2021/07/26/el-coino-the-coin-aka-bitcoin/

the coin marched right into our target zone and has backed off .. in fact, it hit, exactly the 1.618 projection. if you remember, the “c” leg is often 1.618 “a” so we hit that …

there are still some higher targets but the theory is that we are in the beginning of a C wave down and then a BUY in, potentially, the low 20’s.

could we be advancing and wave 4 already complete – yes – but for me, it’s too early to tell. for now I’ll watch and monitor ….

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

Leave a Reply

Discover more from Bart's Charts

Subscribe now to keep reading and get access to the full archive.

Continue reading