Expanding leading diagonal update

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Wave (i) and ( iii             ) were "normal" sized so there was a possibility of wave (v) extending. At the 290 level is where wave (v) equals the distance traveled by waves (i) and ( iii             ). The market is also very close to touching the upper channel line; where wave fives are projected to end. Once an extended wave five ends the market usually "crash" back down to wave two of a lesser degree (262.67).
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