cheretic

Monthy cycle case for $200k

Long
INDEX:BTCUSD   Bitcoin
It looks like BTC has just printed a new higher high and higher low on the weekly chart. So I thought Id see what might be going on on the monthly chart. I think there's a good case to be made for this 'crypto crash' being a wave 4 of a larger wave 3 impulse.

Last wave 5 surpassed the 4.618 fib extension. If this repeats we will be well above $200k BTC for this wave 5.

Wouldn't that be nice? :)
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