Bitcoin Elliot Wave Analysis
Updated
We seem to have finished wave 4 of larger wave C at a .38 retracement level.
We expect wave 5 to be similar to wave 1, which means we should end somewhere between 49.5 and 51.5.
From this level we shoud be starting wave C or Y in the larger degree and go down to ~25-28K
We expect wave 5 to be similar to wave 1, which means we should end somewhere between 49.5 and 51.5.
From this level we shoud be starting wave C or Y in the larger degree and go down to ~25-28K
Trade active
Note
Invalidation around 42.8K (SL)Trade closed: stop reached
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