The Consolidation after wave 1 should touch the .382 which is in the area of $77.76. It has taken so long that at first I thought perhaps the bottom was $89-83ish aka the .5, however I believe it is not done going down. Just thoughts on Elliot wave theory. Not financial advice
@cplankey1, Do'nt be so modest, you have nailed it!
Even today. high so far was 96.69 vs 97 on your chart that's simply amusing !
CardinalOne
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@destin2008, Haha thanks, but let's celebrate when it takes off around the 77 mark. Until then anything could happen.
destin2008
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@cplankey1, ok, I be quiet now haha
CardinalOne
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@destin2008, I would say that the test of $98 is holding so far. if it breaks down we are still on target. If it continues to climb watch for it to retest $105 & $110. I would be cautious on anything under $118 at the moment. If Bitcoin drops quick we might see a big move in either direction to be honest. But who the hell know?