user100000

BITSTAMP W

Long
BITSTAMP:BTCUSD   Bitcoin
Here is another possibility... Circle 4 has not completed yet (as shown in previous charts) and may actually be a contracting triangle. Waves D and E remain to complete this pattern. A triangle is pattern which appears right before the final move (in this case circle 5)

We can estimate how far circle 5 may climb based on measuring the widest part of the triangle (wave A) starting at Wave E............. in this case around 50K depending on where E ends.
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