jlhequities

Bottom near?

BITSTAMP:BTCUSD   Bitcoin
Im no expert but if history repeats itself a possible big dump/bottom is in process of happening that will complete whatever wave this is. The red lines are bearish divergence, black lines are bullish divergence, green lines are in line on RSI chart. Hopefully I'm reading this right.
Comment:
Wave 2 and wave 4 comparison of Elliot wave says that when 2 is long and gentle then 4 is usually short and steep.
www.tradingview.com/chart/cmfiT2pH/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.