Burroughs

BTC - alternate count: 14k push as wave B

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BITSTAMP:BTCUSD   Bitcoin
For a real to the moon push we need to go lower to run the stops below last years 3k low. This is a probable count where we are just doing a 5-3-5 correction and have started on the last 5 of the C. The blue lines are fibonacci time zones to get a sense of how long this might take.

To run the stops below last years low it will take us to at least 0.65 fib level of the A leg of the correction.

This recent push up to 14k was then a B wave up that went to the 0.65 fib of the move down from 20k to 3k.

Yorum:
Still valid, the EW count is maybe not spot on but the price action is. What do you guys thunk?
Feragatname

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