Correction for BTC is OVER! Long to 20k

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The price of Bitcoin may seem messy, but I drew the Elliott Wave count and now we know exactly where we are. We just finished a WXY correction. In fact, we are on the absolute last wave of the sub-sub-wave. That means the price of Bitcoin could explode any second now. Also, we are hovering over the 1 to 1 Extension at 12800, which is a key support area and the critical point for reversal. The RSI is oversold, and the downward channel cannot last forever.

Once Bitcoin starts upticking, you know what happens: the price explodes to the moon!! The price could easily break the all time high! See you at $20,000 or even higher!!!

Note: The blue lines represent ABCDE corrections. It would look too messy if I tried to squeeze in all those lines.
Comment: 21:13 Dec 9: I think we will dip in the buy zone one more time before we liftoff. If you didn't get in, this will be your chance.
Comment: 03:24 Dec 10: We actually have a WXYXZ correction. That means the price will start pumping sometime today.
This is the second dip that I mentioned earlier. Miss it and you will regret it.
Comment: 4:50 Dec 10: Last Call. 5...4...3...2...1... LIFTOFF!!!!
Comment: 00:35 Dec 10: We now are finish corrections for subwave 1.
Comment: Nevermind the comment above. I actually drew the Elliott wave wrong.


One of a very few optimists out there. Great analysis. See you at 20k+
aoeuaoeu mantblanc
@mantblanc, Be greedy when others are fearful. Be fearful when others are greedy. We will only the best price when everyone is pessimistic.
+1 Reply
mantblanc aoeuaoeu
@aoeuaoeu, Totally agree. Keep up the good work. Thanks for sharing :)
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