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BitCoin. Comeback Baby. Time for (false?) hopes.
BitCoins are crazy volatile and not easy to trade, at least it feels like this to me. So this is just for fun.
If you look into the chart from a Elliott-Wave perspective, then it could be time for some long movement. False hope if you ask me from my fundamental view, but anyway, something like 700-xx should be possible.
If we see one lower low, it could be even more interesting, but without that, Bitcoins long move is limited. With a new low and then a nice impulse up, then maybe no false hope.
But as it is now, it is just a b/x up, with limited potential but nearly unlimited craziness in its wave patterns allowed.
Good hunting.
If you look into the chart from a Elliott-Wave perspective, then it could be time for some long movement. False hope if you ask me from my fundamental view, but anyway, something like 700-xx should be possible.
If we see one lower low, it could be even more interesting, but without that, Bitcoins long move is limited. With a new low and then a nice impulse up, then maybe no false hope.
But as it is now, it is just a b/x up, with limited potential but nearly unlimited craziness in its wave patterns allowed.
Good hunting.
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