Zoomed out

Hey,
This is my Bitcoin view in the longer term. (EW)
I zoomed out to get a better perspective where we could be in the larger picture.
I was able to get a clear count in the bitcoin log scale chart, which makes me believe we still are in a larger big wave 4 correction.
A very complex wave 4 correction but possible as the large wave 2 was pretty simple.

What you see here is the wave 4 still incomplete, my lowest target would be the 0.5 fib level ($1800).
Invalidation level at the top of the big Wave 1.

I know we got the halvening coming up soon, maybe we all expecting to go the moon in 2021 and thats why it wont happen.

Lets see how this ages.

Goodluck yall'
3dayBitstampcomplexcorrectioncorrectionwaveElliott WaveOUTTrend Analysiswave4Wave Analysiszoomed

Also on:

Disclaimer