TradingSurfers

BTC (3D) / Bullish Count / Primary

KRAKEN:BTCUSD   Bitcoin
Very difficult to know if the C of the proposed big triangle is in. The alternate counts are not out of the picture, yet. At all. What we can see, by stepping back, is some sideways price action that has last 2+ years. The incredible volatility and noise brought by external factors such as the Chinese FUD and especially the recent crash in traditional markets have decreased longer term readability in BTC. Notice the reaction of the log 0.5 right at the intersection of the little downward channel...

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