meisamfp

Btc about to run for the 5th wave

Long
BITSTAMP:BTCUSD   Bitcoin
We're now above a key surface that have been acting as support and resistance for several times. I think we haven't yet seen the peak, and we will have the 5th wave, and if we want to predict a target for it based on price action, 70-80 would be good. After that I would think about some bearish divergence in weekly and then daily and hourly charts, then we will have our big crash in the market, moving btc from 70-80k to at least 30k level, which could lead to 90 percent correction in the altcoins as the result of simultaneous rise in btc dominance.
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