EWS

Bitcoin - Wave 3/ peaked at 9,722

BITSTAMP:BTCUSD   Bitcoin
Bitcoin just peaked in wave 3/ of 5 and a correction towards 7,973 will now be expected before the final rally in wave 5/ of 5 of (3) towards 10,444.

We are not quite at the final top of wave (3), but we are getting close and the risk/reward ratio no longer supports being long or at least demands that stops is tightened.

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