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Teklologist
Oct 19, 2018 4:30 PM

BTCUSD: Bull Market Started 15 October Long

Bitcoin / DollarBitfinex

Description

Bull market started 15 October following the end of a truncated Wave C with sub-wave iii in June being bottom. The lesser-degree wave iv of Wave C's Sub-wave v shows a horizontal triangle, which indicates the current trend's impending end. The lesser-degree wave v, Sub-wave v, and Wave C ended on 15 October. Soon after there was a spike in price.
Zoomed in:

Comment

For clarification Wave C ended 12 October but the Bull market started 15 October.
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