Ni6HTH4wK

Auction happened and everyone is happy again

Long
BITFINEX:BTCUSD   Bitcoin
Until the next auction...

But anyway, the last couple of movements have been an ABCD replica of the previous so I figured we can just copypasta the same movement and predict where we are going here. D happens to land right on our last bane of Bullishness ($635) so it seems very plausible. (((Don't mind my (+#=#) comments and arrows, those just point out my previous bad buy/sell points so that I don't forget them.)))

Summary: Correction from here down to about $588 (38.2%)... probably just going to be a falling knife with some follow thru so be sure to catch it. Then a miss the train rally will occur and launch us up to our first stop at $608, 2nd stop at $620, and final stop at $635. We might then hit a bigger retracement down to about $610 which will be short lived more than likely. The next leg up should hit $~685 before pausing again. After that I'll need another TA done since we should be entering an extreme markup phase where the market doesn't retrace. :bull:

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