Long time no Bits on my blog, so here goes. A 3 wave fall concluded on BTCUSD and that means that bitcoin now has some upside either to the trendline at 8900. Or the second scenario where it goes to the parallel line of the lows in a larger X wave to 12400 again before rolling over. Rolling over - is based on the idea that this is a bear market for BTC, also we have not completed wave Z for any more meaningful reversal. Remember BTC is banned in India for trade so this is for educational purpose only.

bitcoin 120418