cdlsrm

Wave III extended

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BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Yesterday it looked like cycle completion but wave III has extended. So there soon should be wave V.

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Will the fork of Bitcoin split the price, or will the core devs merge the blocksize increase? These factors will tell the market more about which way price is headed. Hopefully this debate will be resolved within weeks (the blocksize will increase some at the end of wave III) and then the markets will push the price back up over 300 again...beginning wave V.
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cdlsrm TokenBitcoin
Hello. I'm more bearish than that, I personally think that we've just finished wave IV and are in a wave V. 300$~ levels will be really hard to break now, since they have cluster of resistances. I think we need to retest bottom before we go into more bullish time. I also think that XT debate will push us to at least test this year lows.
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