user100000

BTCUSD Cycle

Long
BITSTAMP:BTCUSD   Bitcoin
I'm not sure if primary wave 3 has started or not (market has to take out 502 to confirm) but it doesn't much matter as the wind is behind our backs until april/may where the 42 week cycle will crest. Wave 3 of III are generally very powerful waves so any price level between 2300 to 5700 would be reasonable if compared to wave 3 of I. Note: it was possible to sell at the top of wave I (1100+) by drawing a channel connecting waves 2 & 4 and going through wave 3; see orange channel lines
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