MuffyPuffy
Long

Bitcoin aiming for a small recovery to 15400

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
On my opinion, we are aiming for a small recovery to 15400sats and on the slightly longer term to 16500 sats             .
We formed a bullish double bottom with higher lows and broke through the mid-trendline.
We should form now a small Elliott Wave to 15400 sats             .
Our next target should be something around 16500, if we are moving to the edge of the big longterm triangle.
Comment: As i wrote, we were on an uptrend, broke the trendline and everything looked good.
Then the Korea FUD came into place.
But again, we formed a new stronger double bottom, broke again the trendline and aiming again to a price nearby 16400.

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