BITSTAMP:BTCUSD   Bitcoin / Dollar
361 2 1
wave 4 of 5 retraced 38.2% of wave 3 so far. can end any moment or just a little bit higher to 328. after that wave 5of5!
whats your target of wave 5? :) i got like 280 ish
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user100000 wonky_tonky
yes 280ish sounds good (0.618*wave (1-3)) for a "normal" wave 5
since wave 3 was only 1.382 of wave 1 (shorter than typical (1.618)). i suspect wave 5 is going to be extended. could be 100% of waves (1-3) = 256
remember the low at 275 of wave 3 on october. i believe market will exceed it otherwise wave 5 is truncated. it is possible, but wave 5 normally isn't truncated.
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