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Bitcoin, a spaceman observation
BTCUSD
, 1D
BTCUSD: Bitcoin, a spaceman observation

In this idea, I will try to give an alternate perspective on the BTC/USD performance by the theory of Elliot wave technique analysis. I will discuss about 2 main rules of Elliot Wave Theory (EWT), the first is triangles and the second is the alternation rule: 1)Triangles appear to reflect a balance of forces, causing a sideways movement that is usually...

Bitcoin downward till apx 9100
BTCUSD
, 240
Short
BTCUSD: Bitcoin downward till apx 9100
Updated 

We are at impulse wave 12345, right now at 4th leg, heading to the 5th wave to complete wave down, ABCDE triangle is visible very good!

The Exhaustion Move Of Bitcoin
BTCUSD
, 240
BTCUSD: The Exhaustion Move Of Bitcoin
Updated 

As I can understand the chart right now, we are located in WXY inside of bigger WXY! best of wishes!

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