Bitcoin – Daily Update

This is becoming very interesting. From yesterday update: “I am expecting wave (i) to complete around 19600-19700, then a retrace for wave (ii), possibly shallow, to 19000, and then wave (iii) of 5. Overall target for wave 5 is the same – 22-24k in a couple of months.”

Today so far:
– wave (i) completed at 19534
– wave (ii) completed at 19142, precisely 0.236 retrace.
– wave (iii) of 5 is underway unless I am deeply mistaken.

Next targets:
– wave (iii) – 22146, 1.618 of wave (i)
– wave (iii) timing – 2nd week of January
– wave (iv) – a sharp drop
– wave (v) of 5 – 23400 – 24000
– wave (v) timing – second half of Feb – first half of March.

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