Today we are looking at Bitcoins movement. I felt that it would be best to make an analysis on the leader after the recent change in price. Similar to my recent prediction for Litecoin (which typically follows the path of bitcoin), I saw the idea of a possible elliot impulse wave forming at the end of the falling wedge. Bitcoin has thus far followed the pattern quite well and is making a great push to become bullish. I believe this could potentially be the turn around point for coins but only time will tell! I will continue to update this so please follow for more. As well as check out previous analysis I have made for coins! Leave a like if you enjoy/comment what you think! Thank you!
Comment:
Bitcoin still following Elliot wave thus far. Looking for a slow decrease down to around 8100-8200 before second increase