Shlomchik

BTC HEADING 4k[?]

Shlomchik Updated   
BITFINEX:BTCUSD   Bitcoin
*bad english alert
2 scenarios:
thats the bearish scenario= after 19K BTC 1.77% correcting with ABCDE pattern,double zigzag then 5 wavesthen another double zigzag;
call it 33-5-33 if u like.
heading towards last target E.
Wich also be the END of this huge falling wedge .(Yellow line near E).
i wish us luck.
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update
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Secong scenario=
yellow lines are falling wegde/up&down trend lines.
if btc will not go down that 2 first line and will keep find support in them we should break it by the cross of the up & down trend lines.
if it will break them both then scenario one is active and were heading 4k.
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EITHER WAY $BTC is going for new highs in the future. its just unclear when it will start.
i see 40k by end 2018.
Comment:
update
Comment:
nothing chanceg max.. btc still on my lines.. both scenarios still exict aldo btc finding strong support on that uptrend line-
((second Yellow line on witch wave 5&C accure))
if btc continue this way then i expect breakout once wil cross both uptrend and downtrend lines.
but can also go deeper before that.
Point "E" is still movable .

Comment:
^^^^^^^^^^^^^^^^^^^^^
or btc wil keep playing on that 786 fib till the cross will come on mid/end april,
OR- btc will break this resistance to point E. and then will break.

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