Bitcoin is ready to gain 1000 points 30%+

11 Jan 2019

Bitcoin fell hard, I would say falling wave started at 7.4k ranges and we ended up inside 3.1k range. Right now we're correcting this 3300 points drop. First corrective wave A from 3.1k to 4.3k. Now knowing Elliott wave theory we know that we correct impulse waves usually with corrective ZigZags also known as ABC corrections. So we finished A from 3.1k to 4.3k, we did B which is also ABC if you zoom in from 4.3k to 3.6k and now we're ready to finish correction with wave C which could range up to $4600 or even above 5k.