ShotGunJoe83

BTC little more downside before wave 5

INDEX:BTCUSD   Bitcoin
We still are going to see wave 5 imo... Wave 4 couldn't have been a normal wave 4 given all circumstances so it became a corrective abc move which made a lot of people forget where we stand in the long run. Now, wave 4 hasn't ended yet, beware. I suspect this wave to end around support of the ascending triangle we're in atm (around 34 , 35k ) but certainly not 10 or 20k as a lot are calling for. Where will wave 5 end? i don't know... somewhere from 107 to 207k according to some fib levels.

Happy trading !
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