SaintJokel

Bitcoin (BTC): It's Going to be a Bumby Ride!!

Short
SaintJokel Updated   
BITSTAMP:BTCUSD   Bitcoin
As pointed out in previous posts, I expect way more downside for Bitcoin. I believe Bitcoin finished its expanded flat and is currently moving impulsively down for subwave 1 (perhaps already finished) in Wave 3. Targets are laid out in the graph.

Any feedback in the comments would be much appreciated!

-If you agree with this, like and share.

Cheers.
Comment:
Unclear if price action is already moving in subwave 2, but so far price is finding resistance at the 200MA on the hourly. If we can break this than next stop would be the 38.2% fib level 40.977 and the 50% fibbo (confluence with the 50MA/1h) around the 41.351

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