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Elliott Bitcoin Analysis

BITSTAMP:BTCUSD   Bitcoin
1- Bitcoin has entered a correction wave.

2- Wave B was a triangular wave that had ended.

3- Wave C has started and the price is expected
to move as much as the wave A (PRZ 2) .

4- In the most optimistic case, the price of ABC
correction wave is expected to correct as much as
61.8% of all 5 previous uptrend waves, which will
be exactly in line with the floor of the long-term
uptrend channel for several years (PRZ 1 ) .

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