Bitcoin heading towards $10,000 ( Spring 2018 )

in #bitcoin6 years ago

Bitcoin heading towards $10,000 ( Spring 2018 )


Bitcoin (BTC) just completed his FIRST Elliott Wave Cycle ( Back in September 2017 )


During this First Elliott Cycle, all the rules and most of the guidelines ( i.e. Fibonacci Ratios ) were respected.

This is definitely the FIRST Cycle.


This is what the 2nd Elliott Cycle should look like. 


Very interesting to note. Andrews' Pitchfork was respected throughout the entire fifth wave ( extended fifth wave ) and throughout the massive ABC correction that followed.

This indicates that Andrews Pitchfork is still valid for most of the 2nd Cycle.



It is possible to see Bitcoin return to $5,300 - $5,000 before continuing it's rise toward $8,000 and, than, $10,000.


The correction - apart from the technicals - could be triggered by the incoming November fork.

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