#Bitcoin_Update You might not seen signals and ideas from me this past 4 days but that was mainly because our last update on Bitcoin is doing as perfectly predicted and as I have said it just seeing the market move while you know the outcome is the best option in professional trading. As you have remembered our last first expectation signal of an extended flat corrective wave is doing well and moving in a perfect and very healthy way for a good reversal upward trend. [ ] The 4th minor wave is done and we are now on the last and basic corrective 5th wave towards the next major resistance first at our last major low of 9651$ and further to the points of 8000$ - 8200$ area which even might further see the 7044$ area of the major support for the 1W chart. I am very happy for this major correction since we have a good opportunity for an accumulation phase which might be for the last time in Bitcoins history and since we will have a good days coming in the near future of the ALT season to begin. I am still expecting a further downward move from Bitcoin and panic can never be the logical answer at this point since I believe this is a technically supported trend and a very healthy one too.
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