bkouassi89
Long

BITCOIN >> POTENTIAL TARGET PROJECTION FOR WAVE 3 OF 1 OF III

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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The wave 2 of 1 of 3 just ended. Without being extended, we are looking at around $16,587 for wave 3 of 1 of 3. Time is not taken into consideration in my analysis therefore the projection may happen sooner than the period over which I laid the chart out. It was projected based on the 1.618 fib level extension of wave 1 of 1 of 3 and added to the low of 2 of 1 of 3. It may not follow the exact wave path I laid out but the target is likely attainable. A slow and steady growth of Bitcoin is likely to occur unlike what we have seen before. However Keep in mind that most wave 3s are on steroids. Sucks it won't let use roman and special numbers in the description box to type the proper wave labels.

Remember, my wave targets and channels are estimate target levels and are based on Fibonacci and Elliot Wave Principles. They are subject to possible adjustments.
DISCLAIMER: THIS IS NOT PROFESSIONAL ADVICE BUT MY PERSONAL REFLECTION OF THE MARKET.
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