alexyeoh
Long

Another Possible Wave Count...

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I spoke too soon earlier. I thought there wasn't a pretty way to draw the waves, but I have since redrawn them and they look better now.

So we could be on SubWave B of Wave 2, or we could be on SubWave 5 of Wave 1 (see previous post ). Unfortunately - both are credible right now, and it looks like we won't find out until possibly the $8150 region, where I expect Subwave B to end if we are on Subwave B.

If it gets much longer than that, then it becomes less and less likely that we are on a Subwave B. Unfortunately, it looks like by the time this is answered I'm likely to be asleep.
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