BitCoins are crazy volatile and not easy to trade, at least it feels like this to me. So this is just for fun.
If you look into the chart from a Elliott-Wave perspective, then it could be time for some long movement. False hope if you ask me from my fundamental view, but anyway, something like 700-xx should be possible.
If we see one lower low, it could be even more interesting, but without that, Bitcoins long move is limited. With a new low and then a nice impulse up, then maybe no false hope.
But as it is now, it is just a b/x up, with limited potential but nearly unlimited craziness in its wave patterns allowed.
Good hunting.
If you look into the chart from a Elliott-Wave perspective, then it could be time for some long movement. False hope if you ask me from my fundamental view, but anyway, something like 700-xx should be possible.
If we see one lower low, it could be even more interesting, but without that, Bitcoins long move is limited. With a new low and then a nice impulse up, then maybe no false hope.
But as it is now, it is just a b/x up, with limited potential but nearly unlimited craziness in its wave patterns allowed.
Good hunting.
