Bitcoin Fighting Wave ii

in bitcoin •  5 years ago 

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I've considered Bitcoin to be in a wave ii correction which need not go as deep as $4300 but can. But it has great fight here. Over $13,700 I have to consider it may breakout to $17K+. But I still prefer wave ii.

XBTUSD - Primary Analysis - Jul-04 1104 AM (1 day).png

Note that free 15 day trials are available for our trading room and community on Elliott Wave Trader, where I am a full time analyst. You'll rub noses with professional, amateur and traders in the learning process, while getting trade calls and ongoing direction for the market. No credit card is needed for a trial.

Note none of my work including the larger body of work for subscribers is intended to be a trade recommendation a I do not know your financial means, or risk tolerance. These are valid setups that can provide return, if using tight risk management with stops.

Elliott Wave Trader

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