BigBit

Leading Diagonal or Triangle ?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Blue: Leading Diagonal , 1-5 are subwaves of wave 1 at higher degree, hence we are seeing the birth of a new downtrend.
Green: Triangle ?? In that case this is just a correction and uptrend will resume sooner than later.
USD 880 is 78.6% retracement level of the whole leg since January 12th.

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