BTC/USD Still In Triangle

in #bitcoin • 8 years ago

Yesterday it looked like Bitcoin broke out of a triangle to the downside.

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That move down to $6227.71 (Coinbase) may have been the final leg of the C wave of an ABCDE.

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If that's the case, then price is still in a triangle and the current move upward may be the D wave taking price to $6560.00.

I’m no expert and this isn’t financial advice

#btc #cryptocurrency #technicalanalysis #elliottwave
8 years ago in #bitcoin by
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