E557

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E557 Updated   
BITFINEX:BTCUSD   Bitcoin
I will not give it up. In my opinion there is still the chance that the whole thing ends up as a bull trap. I just can not imagine people being rewarded with something so obvious.

If support at $9500-9750 holds, we willy probably go further, if we break it, it can be a bull trap.

By the way: If we break support at 9500, wave 5 won't occur. This can end as a Elliot-Wave failure.

I keep you up to date.
Comment:
Forgot to show it: This can go to $10500 until we see a correction.
Comment:
Correction:

1. Support 9500-9750
2. Support 8800-9000

If the 2ND support breaks, we have a EW failure.

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