WaveAnalysis

Bitcoin Buy, But Don't Dream About 50K.

Long
WaveAnalysis Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello, traders.

I was ready to buy more Bitcoin and I bought some already. There is still chance for more down move to create a regular flat. But cryptocurrencies love to make contracting flats. That's why I bought. We will see. Up move will be the 5th wave. Its potential will be limited, but it can also be an extended 5. You can see my long-term forecast for Bitcoin. Also, please check the related idea. If you want to see more details of my analysis you can watch today's video analysis on Youtube.

Comment:
I have changed the wave count but my forecast is still same. I think it made a running flat for more upside. Now, I'm waiting for a small correction as a confirmation to buy more.

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