mmortall
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Ending diagonal is forming in wave 5

BITSTAMP:BTCUSD   比特币/美元
It is obvious an ending diagonal in wave 5. And the last wave of ending diagonal is a triangle. I think we will see a huge down correction soon.
评论: Triangle completed
评论: Alternative idea: triangle in wave iv also could be
评论: Triangle still in developing. it looks like there is some news is coming about Bitcoin. And market is waiting.
$7,100 would only be ~14% correction from where we currently, so that's pretty minor in my book. I think we would rebound quickly and decisively.
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mmortall Box1515
@Box1515, It might be an ending of large impulse from 3000, so correction could be up to 5600 (50%)
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Box1515 mmortall
@mmortall, probably unlikely, but that would be great. :p
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