Haejin
Short

Bitcoin (BTC): Can we get a Flameout Wick?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The past three wave structures are clear ( ABC red labels) which indicate corrective nature. The current rise is likely to be no different as the five subwaves of the C wave is probably almost complete.
However it would be most ideal to extinguish this bear rally with a "Flameout wick" where the FOMO captivated buyers give one last "umph" before succumbing to the bear gravity downpull.

Comments

Oopsey daisy! Should have stuck with this call instead!
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:)
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Thanks for sharing, I also follow you on Youtube and Steem. Hope you are right because this last leg up on Tuesday caught me off guard.

Good Luck to You
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