BTCUSD retrace Update: Bitcoin painting an ABC correction ?

BTC looks bullish again, but it might just ‘B’ of an ABC .
The drop was a clear 5 wave impulse down. perhaps the A.
So now we watch the possible wave B with 2 potential targets.

Break of the red 1.618 at 5125 decreases the validity.
Break of the red 1.236 at 5212 pretty much invalidates.
Break of the red Impulse at 5260 would confirm bull again.

Published at Fri, 12 Apr 2019 11:07:22 +0000

You might be interested in …

July 1, 2018

Should patients with light chain myeloma be more wary of disease outcomes?

Should patients with light chain myeloma be more wary of disease outcomes? In this week’s video, Dr. Brian G.M. Durie explains that the underlying biology of light chain myeloma is very similar to IgG or […]

May 3, 2019

MBTX, MINEDBLOCK SECURITY TOKEN TO SUPPORT USER ADVANTAGES

MBTX, MINEDBLOCK SECURITY TOKEN TO SUPPORT USER ADVANTAGES MinedBlock is a new breakthrough in acquiring cryptocurrency assets managed through the best system in its class. This platform creates a medium for fans of digital currencies […]

May 14, 2018

BitGo Courts Wall Street With New Bitcoin Custody Products

BitGo Courts Wall Street With New bitcoin Custody Products Big Wall Street firms now have new options for storing bitcoin. Announced Sunday, Palo Alto-based startup BitGo has unveiled a new suite of custodial services aimed […]