**SUMMARY**
The red ABC waves have been labeled and the subwaves fall well into place. A full label of waves, subwaves and pattern is showing a culmination of technical events that is signaling an impending trend reversal. Given how hard the sellers tried to beat down Bitcoin; they had depleted all their bullets.
Fibonacci measurement shows a 0.78 correction level.
<center><img src='https://s17.postimg.org/78shp2vpr/Screen_Shot_2018-03-06_at_11.20.21.png'></center>
***
The horizontal blue lines show the presence of good support and the upper white trend line now also represents strong support. Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex.
The future price pathway projection shows primary to be the blue Elliott Waves with a target of 2,254 Satoshi.
<center><img src='https://s17.postimg.org/m4r0womjz/Screen_Shot_2018-03-06_at_11.20.41.png'></center>
***
**Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
<center><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV"></center><center><img src="https://steemit-production-imageproxy-web.s3.amazonaws.com/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ"></center>