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RE: BTC update 06.07.18

in #btc6 years ago

On Bittrex, BTC/USDT market did not put in a new low on 28/6.

I wonder whether you think this could be possible on that market: currently working on wave circles 4 of i, where circled 1 began on 24/6. Based on this, projecting circled 5 of i to complete around $7034.

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I considered this too and it is possible, but a truncated wave C is kinda rare and it just does not look right to me.
Your red wave b also hit the 1.618 extension of 1 to the tick, so it is likly the high of your wave 3. But other than that, consider this my new primary count if my wave C does not show up before 6800 is breached.

Thanks, I appreciate the detailed response, it helps with my learning!

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