BTC/USD: Lets try an EW count together

znog(38)
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haejin@haejin is silent (for now?) and whether he is on vacation or just pissed of and leaving Steemit he has not said. For the moment, we may try some TA on BTC and see how it goes. It should be a good exercise in any case. I'll try and seed a discussion, and those of you who are willing to provide your opinion just go ahead. I believe many heads can get a good result here. And please upvote valuable comments!

I got a heads up from ew-and-patterns@ew-and-patterns, so have a look at his post and upvote it if you think it's helpful.
https://steemit.com/btc/@ew-and-patterns/btc-emergency-update-26-12-17

So, lets give a try:
My knowledge of EW and patterns is rather basic, but I'll start with the two thinks possibilities I see now:

ABC correction: as proposed by ew-and-patterns@ew-and-patterns, but I'm not risking a low here. I kind of see a "bouncy ball" behavior on BTC charts, so I like this better because it would fit that.

Expanded flat: it could happen, but I'm not crazy about it.

WARNING! trading is a very risky thing! Don't take this as an investment advise: it is likely to be wrong and you will probably lose money if you take this seriously. If you do lose money, don't blame me or anybody else commenting, because in the end is your choice.

BTC/USD: Lets try an EW count together | Ecency