BITSTAMP W

Mar 11, 2020

I have updated the weekly chart to also show an alternate count (higher degree) in red, but that did not change the market direction nor the magnitude of the move. Both counts show a similar target level of about 90,000 . 50,000 is the target for the more traditional method of calculating a measured move (widest part of the triangle measured at circle 4). As the market unfolds, it's possible to more accurately determine target levels once sub waves three and four are "in"