cdlsrm

1h Eliott wave count

BITSTAMP:BTCUSD   Bitcoin / Dollar
211 1 3
Looks like one minor cycle has ended, we may now create w,x,y to range between 240$ and 220$. Or just drop from this levels. But if I had to bet, I would bet on chop.
snapshot


Second more bearish possibility is that we just finished wave II on a bearish 5 wave cycle.

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