What to expect from Bitcoin over the next week
Looking for one more new high above 4470 then a pullback, possibly to the trendline or the 3760 area. This would make the current movement from the 2975 low, a 12 point count spread out over 3 waves. 12 is a valid endpoint according to M4, the counting method I'm using (not using EWP here)... After this pullback, which may be roughly the size of the Sept. 19 move, we should see new highs near or above 5000. I think BTCUSD will well exceed the 5k level over the next few months.
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