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Bitcoin Zigzag Correction UPDATE
Bitcoin
Short
Bitcoin Zigzag Correction UPDATE
By Kappy
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Feb 4, 2015
1
Feb 4, 2015
Intermediate-term still expecting a lower low to mark the bottom of the largest degree wave II (see The Historic Rise of Bitcoin chart linked below).
My primary count is a double zigzag W-X-Y. Alternately this could be viewed as a large A-B-C zigzag.
However, both count best with a final 5 wave decline unfolding.
Short-term count (BITFINEX) to follow...
Bitcoin (Cryptocurrency)
Bitstamp
Elliott Wave
long-term
Kappy
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Related publications
The Historic Rise of Bitcoin
by Kappy
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