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RE: BITCOIN (BTC) Update: Ok for price to dip back below the Neck Line?

in #bitcoin7 years ago (edited)

Yes, if prices exceed $4,900 or so. I'm selling into this rise and awaiting the Wave IV; so to me after Wave IV down is done, then Wave V will create $7,000 prices.

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Thanks Haejin.

I agree. We need to clean out the Wave III otherwise can not see an significant extension above $4900. Only then $7,000 to $10,000 is possible.

Good post.