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FAT_JAKEY

Bitcoin: Wave C of the ABC correction

Short
Bitcoin (BITFINEX:BTCUSD)  
FAT_JAKEY Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
21
9
trendanalysis chartpattern waveanalysis
If history repeats itself then we're about to go into wave C of an ABC correction. Compare the two charts and the market structure, so so similar.

Entry at 7210
Stop at 7401

Target 1:6600
Target 2:5000
Target 3:4600

Once we do bounce new ATH's will be here, the real question is what happens to B Cash...
Comment:
snapshot

Rising wedge, bear div on the RSI low time frames. Resistance from previous high trend line.
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