BTCUSD - Quite possible scenario
BTCUSD is finishing local wave 3 within bigger time frame wave 3. It also started impulse wave E within expanding wedge (estimated target 70-72 K).
After this we should expect local corrective wave 4 with estimated target 45500.
And then local impulse wave 5 that will also finish bigger time frame wave 3 at around 90K.
Bigger time frame corrective wave 4 will start the downtrend with estimated target at around 52K.
And finally the cycle will end up with bigger time frame impulse wave 5 with estimated target of 145 - 150K.
After this we should expect local corrective wave 4 with estimated target 45500.
And then local impulse wave 5 that will also finish bigger time frame wave 3 at around 90K.
Bigger time frame corrective wave 4 will start the downtrend with estimated target at around 52K.
And finally the cycle will end up with bigger time frame impulse wave 5 with estimated target of 145 - 150K.
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