Bitcoin (BTC) back on the up and up trend
Bitcoin appears to have completed a flat correction and is heading into the third impulse of another wave. Since the last correction didn't go below $8,150 (or below the very common .618 fib mark) there is still a count in play that indicates our current wave is the 5th. This means once completed, another final correction could match what we've just seen, or even go slightly lower.
The above is still my primary, however, Bitcoin often doesn't retrace a deeply first wave and an alternate count can be made to indicate wave 1 is already complete:
A third alternative if we don't see higher highs is a longer c correction (less likely in a flat, which means we have to be aware of a possible WXYXZ forming).
Healthy trading and profitable investments,
The Freedom to Be
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If you profit from this idea and would like to keep the charts coming, wallets are below:
BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB
Thanks cryptoventures. Cryptojmagic here. Cocked up my password so had to change name and start again. Waiting for PIVX which I am sure will start turning up in next day or so. thanks again.
Hi @cryptoandcoffee, we are at a make it or break point for many cryptos I'm looking at. Bancor, e.g. Will post updates soon. Thanks!
Bancor looks promising. Are you going to post an analysis maybe?
Bancor, Syscoin, Ethereum and ADA updates (following path) and a few others pending...
For future viewers: price of bitcoin at the moment of posting is 9525.10USD
Coins mentioned in post: