BTC/USD- Wait for wave 5 (Elliott Wave) Bullish

18 באוק׳ 2017

Typical market cycle playing out here. This pullback is healthy in order to continue bullish uptrend. Elliott wave has played out perfectly so far. We should have a nice bounce off one of the lower levels (4900 or 4400 area) then continue to break into price discovery of 6k. Wave 5 will present itself. Be patient. Good Luck :)