fibochenko

BTC. update. 4th wave?

Short
BITSTAMP:BTCUSD   Bitcoin
Hi
I updated last analysis about BTC.
you can see previous post here:
In that post, I said 3rd wave could be ended around 65 - 68 and now we see BTC reached to 64.8 and is falling. ( It fell down to 51.5 and now is around 55.5)

if this is really its 4th wave, BTC can move down to 40 and even lower prices.

it is better not to take longs until next moves become more clear.

note: I changed wave counting of last moves and I see it as an ending diagonal for 5 of 3
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