Bitcoin correction – factor 0.9 – $23.500 as target?

Comparing BTC percentages drops after breaking the bottom line of Investor Tool we see a factor ~0.9 decrease each drop.
That would now lead us to a 40% drop to $23.500.

What do you think about this approach? 😎

Drop me a nice comment if you’d like me to analyze any other cryptocurrency.

*not financial advice
do your own research before investing