Wave 3 is finished and now begin correction wave 4. As we seen there is stong supprot at 680 satoshi. I thing price go down to testing support at 680 and frot this key level will be bounc up.There is now a question of patience. Wait until the correction is complete and a good entry is 680 satoshi.
Poe has forming 5 smail up waves and we have finished wave 3. Now beggin correction. We have rising wedge pattern. Now we wait for correction ABC. Price mus go down to Fibo 50% and maybe little bit below 50% bicose target for rising wedge pattern is botom from begining the rising wedge pattern.
Good entry price is 510/500 satoshi.
As we can see after the signing of a contract with a partner, the correction ended quite successfully. I personally expected this correction, because before the trend continues, the course can certify again some bottom. Very nice to see on smaller TF how he did 5 waves up then followed by ABC correction.
BTC was on 06.02.2018 at the lowest level of $5943. As we see it started to form Flag Pattern which also has ABCD pattern. We also have a regular berish divergence. The price was difficult to reach to fibo 78.6 and she refused.
My expectation is that the price will be up to $ 5000 and possibly down to $3500 before it reaches $20000 and more again.