Alexander_Nikitin

BTCUSD. My wave count.

BITSTAMP:BTCUSD   Bitcoin
It seems to me the most common extended wave with cryptos is the first one. If so, then due to the guideline of equality wave 3 and wave 5 should be of the same size and magnitude. So I just, copied the wave three and placed it at wave 4 end. Look at the confluence. Wave 5 is 0.618 of the distance from 0 to wave 3. This ratio is one of the most common for wave 5. If the count turns true we will see the bitcoin of 4500 in the nearest future and then a selloff will most likely start.

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