Heads or tails?

Heads or tails?

Heads or tails?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

I’m planning for shorts on either side of the breakout/breakdown.

Assumptions:

  • Impulse wave down is in play
  • We are in wave 4
  • We are in a pennant
  • If we are in an impulse wave down, and in wave 4, then we should see upside before the downtrend continues.

Bitcoin