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UnknownUnicorn728136
Oct 20, 2017 2:12 PM

BTCUSD Wave 5 $6000 or Higher?  

Bitcoin / U.S. dollarBitstamp

Description

I am not trying to guess the top here. Just outlining what I see on the chart.

We finished that triangle formation now it seems we are headed higher to complete W5.

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What this all means to me:

- Wherever (Green) Wave 5 tops out would mean the end of (Red) Wave 3 and the start of (Red) Wave 4.

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Crossed 6k

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Top put in for wave 5?

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This retracement could possibly be a combination. So a zig zag mixed w/ a flat.

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Keep look out for Wave 4 Bottom.
Comments
Ginossim
Do you think it will retrace to fib .382 or .5
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