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snipdapipz
Oct 20, 2020 12:43 PM

BTC topped out? Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin formed a beautiful 5 wave pattern on the smallest degree within that C wave of the higher degree and in this scenario wave should be around the same size as wave 1 due to a wave 3 extension and we can see that we're almost there. Now on the highest degree (see linked analysis) Bitcoin is reaching the .786 level on the B wave of the highest degree. If we use confluence we can see on the highest degree we're sitting at the .786 level and on the lowest degree wave 5 is only a couple of dollars away from being the same size as wave 1. Good luck traders
Comments
MartyBoots
Bitcoin About To Go Parabolic *WARNING IMPORTANT VIDEO*
snipdapipz
@MartyBoots, thank you
MartyBoots
good idea
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