glnkty

Next Station $12500

Long
BNC:BLX   Bitcoin Liquid Index
I am not an EW fan and expert but previous prices make me think that we can be in a wave 4 and correction of huge wave 3 ending above $19000. The last $13900 price ended at 0.618 of fibo retracement from $19000 to nearly $3200 ( Wave A) and then we saw $7300 that is 0.618 retracement from nearly $3200 to $13900 and could be a perfect C of 5 step triangle correction after B nostalgic reaction price which made us all greedy.

If we are in the wave D, we should see a price between $10500-$12500 ( it may touch the bearish trend line from $19000 through $13900) that will be followed by the last correction E around $9500.

If so, this means we will see an attack just before halving and a retracement after halving like LTC.
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