DreamBlood
Long

Bitcoin - By The Waves (Last correction wave - C)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Bitcoin is nearing the last correction wave(C) and we will finally see bullish action yet again. This will not only affect bitcoin , but the whole market in general.


(When I will see upward movement from btc , i will do a more accurate analysis on where the 1-5 waves should land)


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Good luck trading!
if 1 bigger than 3, than 5 should be smallest wave
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Are we Still dropping back to 9k?
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is it the last correction wave? Isn't there like 36 SCENERIOS each worse than the previous.
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Great job! Thank you for a great analysis!
Do you still think it’s gonna hit 8.5k or not sure?
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DreamBlood CryptoMe999
@CryptoMe999, it still should hit 8-9k. Of course remember that anything can happen in the crypto market. Good luck trading!
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crypto_teller CryptoMe999
@CryptoMe999, I do think it will hit ~8.5k (below 9k)

Sure, then there could potential further downtrend, however, 7.5-8.5k would be a 78.6 retracement from the top and the previous bottom of ~6k.

I am in the belief that this will take place...

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