DollarPipsFX

Last Bearish SELL for BITCOIN before 🚀(ELLIOT WAVE)

Short
BITSTAMP:BTCUSD   Bitcoin
We seem to have started our Wave 5 on the minor timeframe within the FLAT Corrective Structure of Wave 4 on the major timeframe. Within that Minor Wave 5 we seem to have completed our Wave 1. Currently I'm expecting a Zigzag for Wave 2 before moving further down for Wave 3. We also seem to be in the final leg of the Zigzag. So I'll be looking for sells after the next push up. I believe price will break the current nearest minor resistance before going bearish.

However if I'm wrong I'll cut my loses if price crosses my main resistance structure above. Good Luck
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