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How Much Lower Can Bitcoin GO? Tom DeMark and Elliot Wave Theory

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BITFINEX:BTCUSD   Bitcoin
Elliot Wave 4 is taking us down for a .618 Fibonacci retracement of wave 3, that means we will dip to around 5k... From a timing perspective this might coincide with a TomDemark Sequential 9th Daily candle which signals price exhaustion and likely the end of the downtrend... If my analysis is right we should get there by Nov 17th, that is 5 days from now... Stay tuned!
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