bshgeo

BITCOIN CHART DECEMBER 28 2017

BITSTAMP:BTCUSD   Bitcoin / Dolar
Wave "C" down is in progress. Possible bottoms are shown on chart. Most likely support is $11,159.63 which is the former low established last when this correction began. This chart has not been wrong since the correction started for those of you new to Elliott Wave study since first posted on 12.24.2017.


With RSI being so low,wave B might have a higher retractment before C commences.
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