matthew.khama

BITCOIN LONG TERM WAVE STRUCTURE

Short
BITSTAMP:BTCUSD   Bitcoin
3
As I've always maintained, I expect bitcoin to fall to below $100 a piece. This chart is the long term one. Bitcoin is falling in wave (3) of { C} of II. Wave {A} is a leading diagonal. Wave {B } is a combination while wave {C } ( fall from 782.12 high, the part labelled (Y) {B} is a developing impulse wave where waves (1) and (2) are complete. If bitcoin reaches to below $100 (as I expect), that will be your best opportunity to snatch as many as you can. Remember that once wave II completes , bitcoin will then make a sizable gain to beyond $2000 a piece.

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