dRends35

BITCOIN - The Path to 20K (Amended)

Short
BITSTAMP:BTCUSD   Bitcoin
Amended count for Bitcoin.

It is similar to the previous count in direction and target, but different nomenclature.

Higher degree ABC finds a 1:1 target of $18K which is also where the next support block is - essentially the same as the previous count.

How long it will take is very difficult to gauge. Although there may be another collapse, price has showed a lot of drift on the X axis so I wouldn't expect anything too quick. Perhaps 1:1.618 fib time.

This will probably be the first good opportunity to buy since the top.

But don't hold your breath..

Not advice


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