keifer

BTC/USD This is hard to believe but here we are.

Long
keifer Updated   
COINBASE:BTCUSD   Bitcoin
Good morning everybody,

I did this chart yesterday and published it but forgot to take the lock feature off, so nobody got to see this at all. So here we go again.

Here is a shocker for you! everybody is thinking down but that is what "they" want you to think. As you can see on this chart, we have a very complex wave count, the tough part was the last part in my count, it was the bizarre spike that we had seen with BTC not to long ago, which had me baffled for a period of time but anyways, since we had hit this bottom, the best I could come up with is called an expanded flat; very common, mind the spike.

The good news for the bulls is that we have hit bottom, providing that this is truly an expanded flat. That means that we are now heading for higher highs in the coming months and naturally surpassing the all time high. Why? because this is just the beginning of wave 3 from the all time high. If you look at the chart, this is the second big wave for BTC .

Why will BTC go up? That is a good question, I will answer that with a question. Is there any other coin that competes with BTC?

Cheers!
Comment:
Yesterday I saw this bull flag and drew this pattern which had no breakout. This morning I saw the confirmation of the breakout.
Comment:
Impulse wave expectations.
Comment:
Inverse Head and Shoulders takes us to 8235.00
Comment:
BTC/Update on progress. I suggest a long according to targets.

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