#BTC Bitcoin
Updated
#BTC
Bitcoin is below the 50 day SMA (50 green 100 yellow 200 red) I have extended those lines as if they were going to continue horizontally, which they won't but you get the idea and it should be close enough.
Expect BTC to reach for the 50 day SMA, then the 100 day and finally the 200 day.
There are 2 ABC BLUE Elliot correction waves followed by a green ABCDE up of up tick Elliot waves, then the ABC BLUE correction again.
I did not do an elliot waves prediction as I believe the SMA's (moving averages) are more important here.
Bitcoin is below the 50 day SMA (50 green 100 yellow 200 red) I have extended those lines as if they were going to continue horizontally, which they won't but you get the idea and it should be close enough.
Expect BTC to reach for the 50 day SMA, then the 100 day and finally the 200 day.
There are 2 ABC BLUE Elliot correction waves followed by a green ABCDE up of up tick Elliot waves, then the ABC BLUE correction again.
I did not do an elliot waves prediction as I believe the SMA's (moving averages) are more important here.
Note
** CORRECTION** There is an ABC BLUE Elliot correction wave followed by a green ABCDE up of up tick Elliot waves, then the ABC BLUE correction again.Note
This is what it looks like if you copy the last two ABCDE patterns and put them into place now assuming that #BTC has started it's recovery.Note
so far so good... Only time will tell... #BTC the most unpredictable coin. The only I can predict with certainty is there will be market manipulation!
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