BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Just putting up some scenarios here. With alts pumping BTC WILL take a break, but to where? I am looking for a Elliot Wave 1 up then 2 down on the alts on a larger scale, get off the hourly charts kids unless you are day trading is my thoughts.

So, in this scenario, we go hit the $9K area and take a ride back up to the $17K area for an A down and a B up, then a big ugly C down below the mean line for some despair and hitting $4950 before the ride back up.

This one is the GOOD news. I have 2 more coming that are more drastic. Once we see where we bounce for our B up wave, I will get more detailed.

Feel free to comment, bash, or whatever - As long as you are 'thinking' and not cheerleading a coin. They don't love you as much as you love them. Only people that bought their BTC and never look at a chart or the value for the next 3 years will escape the ride of the emotional roller coaster, or those than understand the ride they are on.
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