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CryptoWaves
Nov 29, 2017 10:15 PM

BTC / USD Elliott Wave Count Update Long

Bitcoin / DollarBitfinex

Description

Here is a rough outline of my current Elliott Wave count for Bitcoin on a smaller timeframe. Currently in Minute wave (3) of Minor 5. For the longer time frame count, please check the linked chart for my Daily timeframe count.
Comments
CryptoWaves
To be clear - the Minuette wave ii of (3) can turn into a double zig zag correction on the 5 minute chart to make a fresh daily low below 9000. The 88.6% retrace of the wave i move is 8275. If Bitcoin moves below 7871, this count would no longer be valid.
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