Bitcoin In Double Zigzag Correction - exploring It's likely upside.
Bitcoin In Double Zigzag Correction - exploring It's likely upside
Bitcoin has declined from its all time high in Nov 2013 to low formed in Jan 2015. Since that low it appears to progressing in retracement bounce in double zigzag to the upside.
In this video we explore likely upside from where upon completion a reversal could develop.
This follows the analysis presented in February webinar link:
• Bitcoin - What are its prospects for 2016 ... )
in conjunction with the published charts https://www.tradingview.com/chart/BTC...
AND
https://www.tradingview.com/chart/BTC...
updating the idea taking into account subsequent price data clarifying somewhat the likely out come.
Tradingview chart link - https://www.tradingview.com/chart/BTC...