ew-forecast

BTCUSD: "Third Wave Mania Cycle"

BITSTAMP:BTCUSD   Bitcoin
Bitcoin is very strong, and based on personality it's wave 3 which is not far away from its target, so be aware of some set-backs. Based in % it may not be just 2 or 5%, but rather around 20-30% in wave 4.

I am wondering what is your take here
1. are you long
2. are you planing to get short?
3. are you waiting on price to come lower and buy it?
4. You are not interested at all.

I would appreciate your answer in comments below. Wondering where real crowd sentiment is at this high prices.
Personally, I am not interested in this at all, even not after wave four (well maybe, depends on structure of a pullback). I however think that air was filled too much to quickly into this balloon, so it may be a booom!

thx GH

Elliott Wave Service
👉 www.wavetraders.com
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