I've been a trader for the most part of last year, however I have finally decided to come to TradingView to start sharing my ideas as I feel as though we can all benefit from them. I have titled the Idea as a bull run to 13900 USD. I know, I wont be highlighting why in this chart but I will show you exactly why this number is the magical number that we will hit before an ABC wave correction. and I'm expecting to hit $13900 in June 2018. Expect to see some solid reasoning as to why this number in the very near future :) But first, lets confirm wave correction of wave 4 ($9750 to $8900).
Now lets get onto the TA!
As you can see, Bitcoin has in the last 2-3 weeks made an epic run from $6700 to $9750. This isn't the end before a large. I have studied the charts of BTC from all the way back to the 2014 Crash ad have made some striking discoveries that I will share later on down the road with you guys. The correction we are experiencing is currently Wave 4 of the larger scale/fractal Elliot Wave. And we are just about to leave it behind to bite the dust in the next day or two.
Thanks for checking out the TA, I will see you guys very very soon i promise!
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