CastAwayTrader

Bitcoin has made ( i ) up, ( ii ) down structure, a starting set

Long
BITSTAMP:BTCUSD   Bitcoin
In my previous update posted yesterday I noted that Bitcoin started a new leg up in subwave (C) of wave ( 5 ) up targeting 73,000.
Subwave ( C ) of wave ( 5 ) up has to be subdivided into five waves. Bitcoin has made ( i ) up, ( ii ) down structure, a starting setup for a rally in wave ( iii ) up.
Subwave ( a ) of wave ( iii ) may be targeting 100% ext of wave ( i ) up.

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