BTCUSD : correction soon but more upside to come

10 Haz 2017

BTCUSD is still very strong in Weekly timeframe.

It seems we are within a iii of a larger wave 3 which will end soon in the 3000 area.

Once the correction ended (wave iv), we should close the sub-cycle and larger wave 3 at 8000 (set for now but may change).

For the final wave 5, my guess is it will end in a diagonal. But we are not here for now...

15 Ara 2017

Not

15 Ara 2017

Not

We are ending the wave 3 @ ~20k
The wave 4 should end at the top of wave 3 which is also 50% retracement.

15 Ağu 2018

Not

15 Ağu 2018

Not

Still in wave 4 and should end between 4800 and 3000

3 May 2020

Not

Quick update : the 3000$ level played its role

22 Haz 2020

Not

Very low vol period so expect a big momentum move anytime soon
I favor an upside move towards ~30k$ for first TP
Otherwise a last drop would occur and an entry at 5000/6000$ would be very interesting for that same TP