Husain_Zabir
Short

Bitcoin wave A forming an ending diagonal, more dump to come

BITMEX:XBT   Bitcoin / US Dollar Index
hey guys Bitcoin continues to drop and from charts looks like wave A is forming an ending diagonal formation, which appears in normal zigzag correction, from current position it looks that we're now in wave 5 which could end up around 6900, which i've clearly mentioned in my previous XBTUSD analysis

although if we get an extended wave 5 than we could go even lower, but 6900 could be the key level for a major turning point or the beginning of wave B, so be cautious from here, personally am expecting that wave 5 will extend upto 100% of wave 3 which is around 6750.
hope this analysis will help you to make profits thankyou
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