EW Analysis for BTCUSD - Bottom Is In

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The recent low of 152.40 was the end of our major retracement "C" wave from the ATH             . We may stagnate for a while, but we shouldn't see lows below this. If we do, then this changes the major trend for Bitcoin             , turning A-B-C into I-II-III of a 5-wave             sequence down.
We're at 214 USD on Superbowl Sunday. Is this wave count invalidated?
Raystonn rivet.popper
No. As you can see in the chart, we are tracing out wave "b". As long as we don't go below 152.40, this count is still valid.
Thanks for your reply. So as long as we don't drop below 152 (scary), we are still going to a new ATH in Wave 5?
Nice job.
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