user100000

Simple! 5 wave impulse

Long
BITSTAMP:BTCUSD   Bitcoin
Keep it simple! Let us focus on the most recent impulse wave which started in June. We can assume the 69K top is wave 1 and the recent correction as wave 2. wave 2 may not be over yet but hopefully soon (as a general guide wave two retraces about 62% of 1). So, I am expecting waves 3 and 4 and 5 to complete this impulse wave. I have no idea about the timing, but we should expect waves 3, 4, and 5 to unfold in future.

The targets are rough estimates of a typical impulse wave.

I do think 311K is realistic target.

Please do your own research. Not financial advice.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.