newtrader_201

bitcoin on wave 5

newtrader_201 Updated   
BITSTAMP:BTCUSD   Bitcoin
this is longer term elliot wave theory from 2012 until now.the channel is monthly ascending channel.its a possible scenario that we started wave 5 of long term bullish rally.
this is the big picture:

the bearish scenario is linked below
Comment:
until the price is above 6500 area , this idea is valid.
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