Bitcoin Options Expiration is coming this Friday, January 26. Ethereum is nearing the end of Wave C and the plausible Wave count for Bitcoin ending this week also. We are planning to see an end to the bear market for Cryptos this Friday. It is not a guarantee but if this plays out as predicted then we will be starting one of the greatest bull markets of this generation and one of the greatest transfers of wealth the world has ever seen. Stay tuned folks, its about to get EPIC.
Remember, to look for these patterns with the indicators for 'High Probability Setups':
News:
Amazon Possibly Entering the Crypto Space:
https://www.zerohedge.com/news/2018-01-22/could-amazon-be-gearing-cryptocurrency-exchanges
Japan's Largest Bitcoin Exchange Launches In Europe:
https://www.zerohedge.com/news/2018-01-23/japans-largest-bitcoin-exchange-launches-europe
This is a probable updated Bitcoin Wave count. There is a squished minute Teal 5 wave forming. However, the third wave CANNOT be the shortest Wave as per Elliott Wave rules. Therefore if this plays out, then wave 5 and subsequent greater Wave C needs to end around $9000. We expect with Options Expirations on January 26 that Monday January 29th or over the weekend will be the start of a rally off the lows.
Ethereum is still working its way lower toward Wave II.
