But there is a chance that this could happen. We have been grinding up so far after a good bounce off the $6000 . The grind up has become pretty painful to watch. The has been decreasing again and there's just no real conviction during the moves up.
My previous trading idea was showing a scenario. There I said that if we break support I won't be anymore. Now, while we are waiting for that to happen I already want to show you what I think *could* happen. I'm not saying it will absolutely happen, it's too early to tell. But it's a scenario we have to consider. Being open minded when trading is the key. We can't get caught up in wishful thinking, we have to consider all possibilities. And according to this wave count it's possible for us to break the $6000 support and go even further down, as far as $4000 for my worst scenario.
2018 will be the Year of the Alts. BTC needs to be ignored / phased out. It's destroying this industry and is a threat to the entire market. Why do people want to buy a coin which is centralized in China and owned by 2 billionaires? Does that sound sane?