TradingYoda64

BTC to 54K before halving

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TradingYoda64 Diupdate   
BITSTAMP:BTCUSD   Bitcoin
After recent price surge to new ATH's, a correction is in place. After 5 waves ABC correction usually occurs, where wave C extends usually to 1.618 of wave A. Current B wave looks to create a lower high which indicates lower prices. This correction would put the price around 54k and just in time for the halving event.
Happy trading
Komentar:
It begins
Komentar:
Price is moving beautifully towards target. Price action looks stronger than anticipated so 54k might not be the goal. I move my target higher up to 59k
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