**SUMMARY**

Given how hard the sellers tried to beat down Bitcoin; they had depleted all their bullets.  Fibonacci measurement shows a 0.78 correction level. The red ABC waves have been labeled and the subwaves fall well into place. 

The horizontal blue lines show the presence of good support and the upper white trend line now also represents strong support.
<center><img src='https://s17.postimg.org/41xy5hlkf/Screen_Shot_2018-03-06_at_11.20.59.png'></center>
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 The red ABC correction is a FLAT with subwaves showing the 3,3,5 in precision. Even into this upward wedge; the seller repletion just was not enough to fulfill the wedge price travel guidance.

 One reason why triangles are quite common because it allows the price to become time pacman.
<center><img src='https://s17.postimg.org/78shp2vpr/Screen_Shot_2018-03-06_at_11.20.21.png'></center>
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**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>