Bosphorus_Capital

BTC seems to be headed up to 409/474 area

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We are counting a 3/3/5 regular flat structure.

The b wave has retraced more than 81% so it's quite
regular. The c wave should to a minimum retrace 38%
and most probably will at least retrace 61.8% to 100%
of B.

Depending on the wave structure of B there's also a very
distinct chance that this is going to end up as a triangle.

Since wave A and wave B are very similar in time
I expect wave C to be shorter.