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In previous charts, months ago I have called for a final BTC correction ending at around $4800. This scenario is still in play for me, but while trying to make the EW count match for the last leg down, I am starting to see a possibility for a bounce from a more bullish target. We are in a large C-wave down (see the "Ultimate bear case", link below). What we see on...

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Ok, I have been keeping this chart to myself for a few weeks now, in fear of hatred for posting it. I think I can show it now, but I'd like to point out that there is no guarantee this is going to happen! I have been wrong in almost all my prior charts, so please don't hate me, I'm most probably wrong this time also. The count makes sense to me though. Volume is...

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There are many different EW counts that kind-of fit to the price-action from $6500 onward (or from the "short-squeeze" that started the recent bull-run). If we take some other indicators into account though, we can establish the more likely count to be this: We have completed 5 waves from the start of the short-squeeze, and are now in a correction that has all the...

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Bitcoin has had a rally up from $6500 to almost $9800. This impulse wave needs correcting, and that's what's happening right now. Considering that the market is fairly bullish since we departed from 6.5k, this retracement wave 2 might be shallow (38.2%). So here is a possible EW count that puts us right there. Note: this is no financial advice, I am a noob and...

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This is part 3 of an exercise to count Elliott Waves from the end of 2013 (up until where we assume Super-Cycle wave 1 ends) until today (4-4-2018). For this last part, I have also drawn some resistance and support levels that can help define the final target. If this count is correct, the bottom is probably between $6000 and $4800. In contrast to the other two...

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This massive push up yesterday wasn't expected. Didn't see that coming at all. My view is now neutral to only slightly bearish. The possibility to hit some insurmountable resistance on our way up an fall back down is certainly there, but it gets weaker after we break $8400, and more so after $9100. But right now we could also get rejected... in that case it looks...

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Just an update on my overall view of where we are heading: There's a bear pennant forming right now. This means more downward movement is imminent. It also looks like it could be wave 1 of the last impulse wave down, forming the C sub-wave that completes the bigger E-wave down of the Cycle-wave 4 correction that started December. Again, if (only if) this count is...

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Zooming in from "The big HODL chart" (see link below), there is the complex and deep ABCDE correction we are in right now. See comments on chart for more info.

yope Updated 

Doing a big recap of $BTC history helps explaining where we are and puts some perspective to where we are heading. See comments in the chart.

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Is the bullish count (from feb-6) back on the table, and are we in a big WXY correction since then? If we are, then $7,200 looks like the bottom, unless it forms a WXYZ...