Bitcoin Elliott Wave Update
Updated
This is begining to look like an infamous Bitcoin 5th wave. Blue lines are daily resistances, purple boxes are targets for the end of the extended 5th. A larger scale analysis is necessary here to put things in perspective. I will follow up in a moment.
Comment
Assuming no double top on the 5 min, there are two options I see possible for wave 3 of 5. Option 1: Comment
Option 2: Comment
Either way the sub waves clearly look like were on to the 5th wave, and 4th wave correction is complete. Wave 4 and 5 of 5 of course are arbitrarily drawn on until wave 3 of 5 is completeRelated publications
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