BITSTAMP:BTCUSD Bitcoin / U.S. Dollar
The exchange rate could end the construction of a double falling wave structure. Also, the addition of a so-called correction sub-wave to the second wave has been added (yellow line). Therefore, we expect a rise from the current level. The rise in the exchange rate is also assumed in a double rising wave structure, and the sub-wave of the rising correction wave structure may add to the second wave structure. Therefore, the second wave may be larger than the first wave. The exchange rate can start from a current level of 58%. The target price is 5843 usd.