sebastian.seliga.7
Long

Bitcoin #BTCUSD - first target hit, still more to room to rally

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.
Comment: This is developing by the book: one more small sub-wave to the downside needed.
My Personal Journey with BTC
I'm still trying to figure out what happened in the market these days.
Maybe I'm wrong, and maybe I'm right, in any case, there are a lot of things to learn.
I'll find patterns, tricks and ideas and learn about all of them and I'll post a lot of updates here. Be with me and let's figure it out together.

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https://www.tradingview.com/chart/uJLzcrfg/

whats your opinin on this Sebastian ? ( The bigger triangle) ?
+1 Reply
Looks pretty true... BTC needs a minor healthy correction, and slowly, little by little, consolidate it's price higher and higher back to where it was before the major Jan 2018 correction we had ($13,000)

By May 2018 its highly likely BTC will be back to at least $9,500, and after that, on another bull run to new all-time highs.
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8000 is holding
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rev214us rigosbox
@rigosbox, Not anymore. It's normal for people to take profits at such levels. Shorts are currently capitalizing on the opportunity to use leverage. I don't think price will go below 6k.
+1 Reply
No, I don't think so.This is going to follow the down channel to 5K.
+2 Reply
Spodziewamy si cofki na 7600?
+1 Reply
sebastian.seliga.7 MiloszKaszynski
@MiloszKaszynski, Tak, korekcyjnej oczywiście. :)
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why are you doing black magic with the wave of elliota?
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@Lukasbonzzi, No black magic here: updated and revised scenario:
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