What's up with BTC?Here is the complete story explained in terms of EWs. The whole correction is a WXYXZ triple zig-zag wave. The second X wave was this huge triangle with base at around 6000 (ABCDE). Now we are some where in the final zig-zag wave ABC. Most probable count being that we are somewhere in the wave B and maybe at the end of it and onto C (which should take us to 85.4% retrace or 2850$.
Stay tuned world ;)
Btcstory
If this is a perfect system .............. if blockchain will keep getting those eliptical moves in long term , we can see a final last down move so the story can move to higher targets.
Just saying .. if Bitcoin will keep in this eliptical pattern in up overall , we could see some very highs in 2020 when this next spike coincide with bitcoin next halving reward year ...
PS : Expect for a quick and nasty final move in which bitcoin will kill other alts and start regain dominance and FOMO into his ass :)