BTCUSD Bullish Upside Before Correction
Updated
As of now we most probably are in the 4th elliot wave and can expect another wave up before a ABC correction.
It is not unlikely that we might see the current 4th wave to be longer since we only reached a 23 Fib of the 3rd wave - usually the 4th wave goes in 38 - 50 Fib areas.
The 5th wave has targets around 83K or when extended even very close to the 100K mark.
After the 5th wave completes we can expect a big correction before another lift off. Be very careful buying after completion of wave 5. It might cost you a lot.
It is not unlikely that we might see the current 4th wave to be longer since we only reached a 23 Fib of the 3rd wave - usually the 4th wave goes in 38 - 50 Fib areas.
The 5th wave has targets around 83K or when extended even very close to the 100K mark.
After the 5th wave completes we can expect a big correction before another lift off. Be very careful buying after completion of wave 5. It might cost you a lot.
Trade active
Looks like the 4th wave is complete and we are taking off with the 5th wave starting!
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