BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Now that the pennant broke it can be read as a finalized wave B followed by the wave C in the ABC correction pattern. Wave C tends to be the strongest impulse wave down. So it will most likely be as long as wave A or longer, meaning that we can see the 5000-9000 USD area as a new buying opportunity to pick up new coins. It's a wide range, but you don't want to miss out on 8k coins because you wait for 5k coins.
added as update on my december 17 idea ( ) as "worst possible scenario" . thanks and keep up the good TA !
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