Bitcoin @ critical support level
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
From an Elliott Waves perspective BTC just finished a 5 waves down . Wave A.
Then entered the corrective phase Wave B. This correction is not finished yet, but as soon as it takes that low of $28354 $BTC expect it to drop till the next graph support level .
That support coincides with the equality of waves A and C. around $12500.
So keep a close eye on that $28354 support level , when it goes will drop.
Disclaimer: This is my analysis and does not constitute financial advice.
