Wave map of Bitcoin suggests one more low

31 juil. 2018

This is the map I have been using for Bitcoin, it allowed me to buy twice in 2017 to great effect but I have not been able to trade so far in 2018. The map is at an interesting point, I have price in a downward triangle correction for the final part of a 3-way move from the all-time high. The first part of the move lower was a pretty clear A-B-C(blue in brackets), the second part was three clear waves terminating at circled X. This final leg lower has been a protracted move, it looked like an ABCDE triangle with the wave D high just put in place.
I will keep watching but should it make the last leg lower I will be buying.

14 août 2018

Note

The map continues to point the way forward, we need solid confirmation before buying Bitcoin but the price has moved into the predicted area