Bitcoin, Finally Up?steemCreated with Sketch.

in bitcoin •  7 years ago 

Dear Steemians, welcome to Wave Analysis... I like to update my Bitcoin forecast.

It is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X. The correction reached even deeper price than 0.886 retracement level, so no need to bigger correction. I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at this post for detailed and higher timeframe analysis.

Disclaimer:
Don't invest more money than you can afford to lose. Trading carries a high degree of risk. Everything here is my personal opinion, should not be considered as trade calls.

Trade with care...

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I believe that up

I hope this time.

Hi @waveanalysis
Excellent article. I subscribed to your blog. I will follow your news.
I will be grateful if you subscribe to my blog @user2627
Good luck to you!