noble1ones

UPDATE; Bitcoin Intra-Day " Complex" Correction

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BITSTAMP:BTCUSD   ביטקוין
My sincere apologies, prior update was a false alarm mislabeling a termination point to the double 3 complex correction and calling a breakout to the moon prematurely. My bad. The false call was a proregressive expanded wave B fallowing the regressive wave A from the X wave peak. Within that protregressive expanded wave B there was a regressive wave B triangle at a smaller degree and the breakout was a proregressive Wave c at the same degree, not a 'To The Moon Alice' breakout.

Ok so where does that suggest the current count is currently? In my opinion we are in a regressive wave C of an expanded flat. An alternative count would be potentially in a running triangle of which I highly doubt because it doesn't fit the count at all. That being said,the "picture"(count) is still bullish. The 'To the Moon Alice' call is simply delayed for a bit,but should occur with a high probability nonetheless in my humble opinion. Patience is a virtue when it comes to watching this paint dry(sideways accumulative trading range). We're approaching completion.............
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