Bitcoin (BTC) Morning Update: A Healthy Correction is Good for BTC! Zig Zag (5,3,5) Correction Expected. See the analysis in this Blog!
bitcoin·@haejin·
0.000 HBDBitcoin (BTC) Morning Update: A Healthy Correction is Good for BTC! Zig Zag (5,3,5) Correction Expected. See the analysis in this Blog!
<center></center> -- **SUMMARY** Overnight, Bitcoin (BTC) put a beautiful five wave down and now it's completing what looks to be a three wave retrace up. But, what does this mean? The below chart shows a broader red a,b,c correction currently in progress. The subwaves of red wave a is labeled to have five waves. The red b wave looks very three wavish which is befitting for b waves. Once the red b wave completes, the red c wave also is projected to have five waves. This 5,3,5 wave combination type of an a,b,c correction is called a Zig Zag.  Here is how the Zig Zag correction fits into the overall count towards $8,000 or so. The time it takes for this healthy correction to occur should also give the Altcoins their chance to run up a bit. The video has lots more details!  https://youtu.be/OSSDQE12DAk Please review these Tutorials on [Laddering!](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups!](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial) -- -- https://steemitimages.com/0x0/http://i.imgur.com/40YQWVI.gif If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer: BTS Wallet - d2e60e9856c36f34 BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030 LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66 <center>https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif</center> **Legal Mumbo Jumbo**: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.** </center>
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