Bit Coin Charts & Morning Update:

Bit coin has now completed a full five wave move down off the Sub Minuette Degree b Wave high seen on 4th September. The move down should be the Micro Degree Wave 1 of the Sub Minuette Degree wave C and the subsequent upside reversal is the Micro Degree Wave 2.

Now looking for Bit Coin to turn back up in the Sub Micro Degree Wave (c) of the Micro Degree Wave 2 and head into the target zone shown in the 60 & 240 Minute Chart to complete this Micro Degree Wave 2 before we see the resumption of the downside.