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alphahorn
Feb 14, 2018 2:38 AM

BTC/USD the path to 16,000 over the next month Long

Bitcoin / U.S. dollarBitstamp

Description

I haven't posted since the leading diagonal completed, but here's my update. Since it's a daily chart the wave count is compressed; so, if you want to see it in more detail check out my earlier post. I'm still looking for BTC to put in a deep retracement of the move down and I plan on remaining long until either the low is taken out on the downside, or should we reach the 61.8% retracement level, I'll slowly exit up to the 78.6% level where I plan to be in cash awaiting BTC's next move.
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