Nickonomics

Bitcoin (BTCUSD) Short-Term Update: Bullish Wave Structure

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BITSTAMP:BTCUSD   Bitcoin
My previous bullish call (see the links) was successful: the price skyrocketed to new record levels. It is time to examine a short-term chart to determine whether there is more upside potential in this market. According to this wave count - there is. Wave /4/ structure looks corrective (even if it is not complete yet), and so the trend is set to continue higher.

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