BitCoin breakdown - Buy the Dip/Correction done after 3 Subwaves

25 янв. 2018 г.

While my idea still holds pretty good, I didn't anticipate the timing. The bulls are actually much stronger than I thought. I still believe that we are going to see a lower monthly low in a few days. BitCoin won't be around for a long time in the hood below 9k. There is a lot of support and bulls who desperately don't want to miss the "probably* best buying opportunity of this year.

My Hypothesis: We are in the 5th wave of the C-wave of an ABC ZigZag Correction. Third Subwave of the 5th wave is currently in progress. The apex of the descending wedge is pretty close and a potential finish line of all corrective trends is shown between 8-9k USD. Letz grab this opportunity.