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mhandley77
Jun 26, 2019 11:07 AM

Bitcoin update: Elliott Wave form, Weekly chart Short

Bitcoin / U.S. dollarBitstamp

Description

Price has moved up in 5 waves and appears to be complete. This would be a larger degree wave (1) of [5] (circle on chart). Expecting price to move down as and ABC to the 3, 4 area . From here it should move up as a wave (3). For those in BTC it may be prudent to take profits here or put in a sell order somewhere below.
Comments
joesdeals
This seems realistic.
aboutpsm
I think rally has not finished yet. with huge FOMO we can't predict what the price will be.
joesdeals
@aboutpsm, Yes however there are loads of whales moves bitcoin to coinbase - ready to dump and makes loads off of FOMO. aka 2018 bear market
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