alsaidan-S

Price prediction & Wave analysis of BitCoin

alsaidan-S Updated   
BITSTAMP:BTCUSD   Bitcoin
I can see the all-time high to be a wave (I) super cycle. The double-three correction has formed a bottom at around $3122, it can be either wave (A) or wave (II) super cycle. The current price rise might end around $10,000 to complete five waves, otherwise I will recount the waves.
Comment:
As I predicted in my previous analysis, BTC continued its price rise and up-crossed the previous top (~ $9055) and reached more than $9300 today. Technically, the current price rise is to form wave 3 of the wave (5). This means that we will see higher prices because the target has not been reached (expected to be around $10K, as I mentioned before). I'll try to update the chart showing more details.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.