anibal.cabral.ac
Short

We are a HUGE correction on BTC

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC is heading south and there is nothing we can do about it but to just enjoy the ride. We will see a pull back going back to the $4600, if BTC doesn't break above $4600 this will confirm the drop down to the $3k. Once BTC hits the $3k it bounce back about .382 of the entire drop, then it will test the bottom at $3k again. This is going to be a bit scary, because if the $3k doesn't hold then BTC will drop into the $2k's, but if it holds then we are on a new bull run which will bring it up higher than $6k's
Trade active: We are very close to finishing wave (c), we should have a bounce back tp the $4390 - $4400, for a wave (d), if BTC doesn't break pass $4400 we will see a crazy wave (e) which really is going to bring it down low into the $3k.
Trade active: $3500 might be the bottom of wave (c), if we break below $3500 we might not have a wave (d) and just go straight down to $3k.
nice thanks for analysis
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great analysis so far
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frankw mozartc
@mozartc, do you need to post that on every update?
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mvb1 mozartc
@mozartc, this is good for bitcoin, all alts-money will flow into it
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we are a huge ?
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@aardvark0, sorry "on a huge"
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