BitcoinLong
Falling into Impulse Wave After Correction Wave
We've recently confirmed completion of the correction wave and now it seems we've completed Wave 1 of an impulse wave. If my prediction is correct, wave 2 will take us down to around $9,000 (.618 retracement of wave 1) again before we see wave 3 take us to around $17,400 over the next few months (wave 3 extends wave 1 by ratio of 1.618:1). By the end, we'll retest a new all time high and likely see a breakthrough.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.