BITSTAMP:BTCUSD Bitcoin / U.S. Dollar
BTCUSD the correction continues. Maintaining my previous analysis I look forward to further corrective movement. Based on the current analysis, the correction started 1300 points higher, therefore, according to the rules of the wave sequence, the correction level also shifts 1300 points higher. End of correction to 15541usd level. For traders who are thinking in the longer term, I would point out that the rising section of the current wave sequence could last up to 32404 usd. This may be explained by the weakening dollar.