Couple this with John Mcafee's last tweet about Bitcoin hitting 15,000 soon. I find his tweet to be at extremely interesting timing. He's a big fan of Bittrex, the highest volume trading platform globally. The platform encourages the use of trading bots and models with their API. This could potentially be a massive alignment of the stars considering these...
Resembles a pretty repetitive pattern. Didn't get fuzzy until the fifth wave which was prolonged due to the combination of futures launching and investors trading to maintain the parabola. Bullish divergence on RSI. This could be a reset of the cycle. A break out upwards will likely lead to a retest of 20,000. Risk reward is pretty nice here if one is looking for...
I don't know what all the panic is about. Fifth wave was extreme parabolic in preparation for institutional money to come in with the anticipation of futures. Clear and strong trend line still in tact. Elliot wave looks ready for a new cycle. Watch alt coins go higher....
