Maybe what we are seeing is just the 4th correction leg of an Elliot Wave, the Fibonacci scale fits. The correction is probably an ABC and will end mid June between 1800 - 1900... And then the impulse 5th leg will take off to the moon!!!!
Fundamental analysis:
Lots and lots of ppl getting aware and starting to use bitcoin and altcoins, lots of important enterprises announcing altcoins projects, ATM (BTB) machines being installed all around the world... Bitcoin now days is limited to 16-17 millions and up to a max (caped) of 21 millions... So its a simple supply and demand logic... prices will skyrocket to the moon sooner than you expect!
Comments
CoinMajesty
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Very good, thanks for sharing. One of my bullish ideas is very similar to this. The EW analysis looks good!