Bitcoin Possibilities - Trading/Investing - 03/04/2018

Bitcoin has still not broken out of the major down trend line on a LOG SCALE. When it does, the natural thing for it to do would be to land back on the line to retest support.

If the above scenario happens then this Elliott wave count makes a lot of sense, which puts it right in the region of the logarithmic scale. (C) should end at right about 10.5k, which is also a long term logarithmic support trend.

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