2018 Cryptocurrency Crash (Elliott Wave)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
5035 12 52
2018 Cryptocurrency Crash ( Elliott Wave )
Thanks for your chart and sharing your ideas. Good luck trading.

Weekly chart:

Daily chart preferred count:

Daily chart alternate count:
yep make sense
I would infer from your wave-count that the current correction is wave 2 of super-cycle degree. As such it would typically be expected to retrace 50%-61.8% of wave 1 (73% of cases) meaning that the higher probability outcome is that the bottom is almost in. I'd be interested to hear your rationale for a deeper retracement.
this kind of bear market after the mania would be the first time in btc history. What are your arguments?
when 8k sir? :D :D :D
This account got censored for the second time because of its bearishness. I guess Tradingview are bagholders ahah!
@Terl, correct, also censored at reddit.
wake up man. non sense
+1 Reply
agree - starting to think we see 3700. My fib is not set as yours but agree this is looking uglier bottom the more grind down we get.
This make sense. But it's too long until 2k. We need soon then get bounce 1-2 months, a little bit longer than first 2017.
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