patakopesa

Bitcoin prediction

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has just completed an ABC correction. Wave C was an impulse wave and therefore the next wave will also be an impulse wave and has just completed a 1-2. This could be a new bull run, following the ABC correction OR could be the D wave prior to the final E wave. If we get to the E wave then expect possible correction down to about 8300 dollars. If we don't then 'this is it'. Either way, you may buy now but be prepared to sell if it corrects back to an E-wave (and if it doesn't then feel free to set your own sell points).
Disclaimer: This is not investment advice. Trade/invest at your own risk. Do your own homework. These are MY thoughts based on Elliotts wave analysis.

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