CastAwayTrader

Bitcoin - this rally looks corrective and hints for another drop

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BITFINEX:BTCUSD   Bitcoin
It is very difficult to find an impulsive count of the move up off the late February low.
I tend to count it as a complex w-x-y corrective wave b up of ii down.
I still expect the final drop to 3,650 in wave c of ii.
That drop would set a stage for another rally that would break out over 4,000.

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