Timgucci

BITCOIN (BTCUSD) CORRECTION

BITFINEX:BTCUSD   比特幣
BITCOIN seems to be completing its 4th wave on the daily timeframe. We can clearly see a 5 - 3 - 5 corrective wave pattern with price currently correcting wave C of (4) and is also in a daily descending channel.
It will be wiser to wait for first impulse (wave 1 of (5)) before considering BTC buys.
In the link below is the forecast shared when BTCUSD started its corrective phase.

Please take time to have a look and be patient for the next bull wave.

Good luck trading!
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