EW Analysis for BTCUSD - Bottom Is In

30 בינו׳ 2015

The recent low of 152.40 was the end of our major retracement "C" wave from the ATH. We may stagnate for a while, but we shouldn't see lows below this. If we do, then this changes the major trend for Bitcoin, turning A-B-C into I-II-III of a 5-wave sequence down.