discobiscuit

BTCUSD morning update

INDEX:BTCUSD   Bitcoin
My bullish count has completed impulse (1) off low of 15473.78, completed regular flat wave (2) from high of 73757.39. The flat is within the green ellipse, and the C wave of the flat is not my favorite; however, I think the possibility of a diagonal for lower lows has been eliminated at this point. Price moved above 65000 and has moved back down towards the .5-.618 retrace. This would seem to be a good place for bulls to enter, if wave (2) is indeed complete.
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