Bitcoin Level to watch
What appears to be a 3 wave pattern off the low ($18.174) actually matches a perfect 5 wave structure following the fib rules.
1) Got wave 3 on 4.236 and wave 5 on 8.236
2) From the top we got a flat 2 (quick and deep 3-wave pattern) down to right above 0.886
Conclusion:
18426 @ 0.886 must hold and BTC may get going from here (or has already started to move)
Attention also to stock markets as the QE printer might be on the way back and go brrrrrrr soon
Hold my beer pls
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No financial advice, do your own research, don't be stupid
1) Got wave 3 on 4.236 and wave 5 on 8.236
2) From the top we got a flat 2 (quick and deep 3-wave pattern) down to right above 0.886
Conclusion:
18426 @ 0.886 must hold and BTC may get going from here (or has already started to move)
Attention also to stock markets as the QE printer might be on the way back and go brrrrrrr soon
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
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