kolev101

BTC/USD Bull run resumes

Long
BITSTAMP:BTCUSD   Bitcoin
According to EW Principle 5th impulsive wave should follow. We have two different corrective waves like in a textbook- 2nd green (zig-zag) and 4th green(expanded flat).Fifth impulsive wave extension will probably lead us to new ATH.It could extend to nearly $100000. Breaking the channel to the down side invalidates this idea. This is not financial advice -just my opinion, based on 16 years experience on the markets. Good luck to all!

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