BTC Elliott Wave Analysis
Updated
the original target was 7600, but it seems like this was the end of the 3 wave, so i expect a pullback to the ~7100 area before heading back to new highs, probably the .65 retrace at ~8100.
Trade closed: target reached
target hit, but it seems like btc is gonna go higher(found support in the red trying to find support in the red resistance line), still the 4 hour chart looks very bearish with the rsi bearish divergence, so the best action in my opinion is waiting to see what btc is gonna do before FOMOing in(10% profits in that swing!)
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