Long

Bitcoin (BTC:USD) AB=CD eventual long-term target

By cybernetwork

Updated

Short-term minor retracement likely before continuation.

See my previous posting ( inverse head & shoulders target ):

Inverse Head and Shoulder superimposed over an upward trend..

Loads of bullish accumulation price behavior leading up..

PRISM Oscillators Analysis (see chart below):

Stochs(pRSI) in overbought state.
Snap osc in the negative (pink), which is pulling Acceleration/Jerk ribbon down, which will in turn pull momentum down in the short term.
Acceleration slowing down on the 4hrly

Note

PRISM Oscillators Set Analysis:

snapshot

Note

Update:
AB=CD drawn between candle bodies (light-blue line):

snapshot

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