Raystonn
Long

Now Starting Wave iii of 1 of III

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here is the full count I am tracking from 2011 until present. You will see 3 levels of waves. The wave labels I use are likely different from those in use by others. That detail is unimportant. Which of the 8 waves is being illustrated, and the relative size of the waves, is of importance. The smallest waves are labeled i,ii, iii             ,iv,v,a,b,c. The medium waves are labeled 1,2,3,4,5,A,B,C. The largest waves are labeled I and II.

We have just started wave iii             of 1 of III             . This aligns 3 bullish waves at once. My expectations are extremely bullish from this point.
I just reviewed my chart, and all labeling. I'm happy to report I have nothing to change.
+1 Reply
Very nicely done! Spectacular breakdown. I like your break down of the larger II since the high. Your expectations should be extremely bullish as we are on the verge of starting a larger III. The projection is significant in log scale terms.
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