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Burroughs
Sep 28, 2019 11:06 AM

BTC - alternate count: 14k push as wave B Short

Bitcoin / U.S. dollarBitstamp

Description

For a real to the moon push we need to go lower to run the stops below last years 3k low. This is a probable count where we are just doing a 5-3-5 correction and have started on the last 5 of the C. The blue lines are fibonacci time zones to get a sense of how long this might take.

To run the stops below last years low it will take us to at least 0.65 fib level of the A leg of the correction.

This recent push up to 14k was then a B wave up that went to the 0.65 fib of the move down from 20k to 3k.

Comment

Still valid, the EW count is maybe not spot on but the price action is. What do you guys thunk?
Comments
Pac_Mann
Any info you can point me towards regarding time zones. Thanks a bunch. Keep up the good work
ReallyMe
yes, I wrote about on January 4, 2019

and later here
Burroughs
@ReallyMe, Nice one! :) Have not paid much attention to BTC since last year really.
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