MtGoxx

Bitcoin Long Term Elliott wave analysis

BITSTAMP:BTCUSD   Bitcoin
The picture is becoming clearer. The cycle-degree bull market from Bitcoin’s beginning to the ~$20,000 peak of late 2017 is over. We are now in the last wave (wave ⓒ) of Bitcoin’s first cycle-degree bear market (the largest yet).

End of wave II will be accompanied by extreme pessimism and possibly antagonism toward Bitcoin It will take fortitude to buy in such an environment, but the rewards as wave III takes prices to new highs will be well worth it.

Keep on holding you're Bags of cash . tough ride ahead. BTCUSD

I will be keep on posting for all of my Long/Short Calls.

Thanks and Regards.

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