Johnkiew

Bitcoin - Heading to 6714

Long
Johnkiew Updated   
BITFINEX:BTCUSD   Bitcoin
Refer to 6 Sep post, the projection of low 6106.5 was achieved on two days later. And again, price rebound from spirals ratio. The current swing is heading to 6714 as stated on the right charts.

Comment:
Bitcoin again failed to form impulsive wave and back to correction. The projection will require price to trade above 6487 to initiate reversal. The projection will be invalid if price make new low at 6119.5
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