EWS

Bitcoin - Testing the ideal target-area for wave D

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin has now entered the ideal-target area for wave D between 4,391 - 4,425 and I'm now looking for the final zig-zag decline in wave E to complete the triangle consolidation in wave 4. Once this triangle consolidation is complete a strong impulsive rally is expected in wave 5.

There seems to be a tendency of wave 5 extending, which in this case could take wave 5 all the way to 9,150...

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