Is Bitcoin back on its way up again?steemCreated with Sketch.

in #crypto6 years ago

Disclaimer: I am not a financial advisor, this is not financial advice, only my personal opinions based on my research.


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Since my previous post, Bitcoin has completed correction wave (a) and (b), and has begun to complete (c). Based on the Elliott waves I observe playing out, I believe we have completed wave ii of the final impulse wave down of the corrective portion of the larger wave that began on February 13th.

Final price targets for (c) below $10,000 are still in play. I am waiting to see how wave iii plays out before I offer more precise estimations, but I am still approximating that (c) will fall between $9400 and $9800.


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