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vakkob
Jan 18, 2018 1:54 PM

BTC Elliot wave Pattern (correction is possibly over) 

Bitcoin / U.S. dollarBitstamp

Description

As you can see on the chart, it has great fit for Elliot Wave, if this is the case, Correction is over and new wave should begin.
Correction brought us down to 0.61 Fib Level which stood as strong support.
If Elliot Wave continues, we can see price back to 18-20k range in aprx 2 weeks, then retrace to 15-16 levels and third wave should take us to 24-27k range in March
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