dean_rcg

BTC 4 H 5-3 Elliott Wave Update

BITSTAMP:BTCUSD   Bitcoin
The Head and Shoulders has nearly completed, when it does I don’t see how BTC doesn’t drop to support, at around 10k. That will complete the 5-3 wave cycle and herald the start of a new, bigger 5-3 wave.

If 10k doesn’t hold, the next stop is the old trend line at around 8k.
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