Bitcoin
Long

MAJOR UP MOVE FOR BTC (ELLIOT WAVE)

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For BTC I believe we have ended our Major Wave 4 correction. Hence i believe we are currently in our Major Wave 5 to the upside. Within the Major Wave 5 we are currently in its Wave 3. Within the mentioned Wave 3 we are currently in its Wave 2 which seems to be unfolding as a diagonal. Within the diagonal we have completed its Leg A,B,C and D, and are currently in the midst of completing its Leg E before we see a small dip followed by another major push to the upside. I believe we may see Leg E complete somewhere around the 50,000$ mark before we see the small dip followed by the push up. For more short to medium term traders i believe as and when prices reaches the 50,000$ area i would be looking to close my buy trades wait for the dip and buy again. If you are a swing trader now is the best time to get in a buy and let it ride the wave up. For BTC i believe we will be breaking all highs and going even further up for the medium to long term. Good Luck

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