user100000

BITSTAMP Daily

Long
BITSTAMP:BTCUSD   Bitcoin
OK, this wave 4 correction seems to be a flat with the b wave as the triangle. The c wave seems to have found support at 61.8% of wave a.

The target for wave 5 is now lowered to ~3586 if the recent low holds otherwise need to update this in future. (If wave 5 extends, ~4546).

Note if using EWA the channel is expanded farther out to the right to contain the price action of wave 4
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