BTC elliot wave analysis
Updated
assuming this count is right and we are going for the 4 wave i think we could see btc hitting the confluence point of the 382 fib lvl and the good pivot at the end of the internal 4 wave, and going horizontal for some time forming a triangle before breaking up to complete the 5 wave
Trade closed: stop reached
so bears appear to have regained control, my next target is at the .5 fib retrace at 8035, just be careful because the retrace is not the perfect one for this count, so this could be wrong, if this next one does not hold i will just watch where btc is headed.
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