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Elliott Wave Analysis: BTCUSD Remains Bullish!

BITSTAMP:BTCUSD   比特幣
BTCUSD is trading in a big impulse since August of 22. We know that impulses have five-waves, meaning more upside can still follow on BTCUSD. Ideally current bullish activity is part of blue wave 3, that can reach area near the Fibonacci ratio of 2.618, before a new three-wave temporary correction into the following blue wave 4 follows.

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

Elliott Wave Service
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