BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
gz- this is the 1-2, 1-2, 1-2 that I was trying to explain...

This would be my view on the potential bullish elliot wave count, and I have been in dialogue with another 'elliotician' as we've been discussing the bullish count, so consider this more of a tutorial than the way, I am changing my potential target from +$42K to $52K for the completion of this run!

Comment: When I mention 52K, remember Bitcoin's price has a lot of work to do to get there! It will take time and find resistance areas along the way!


About your BTC target, curious how you get that. Are you familiar with the $80k target?
Notice the 4.272 fibonacci at the $80k mark too.
Video from 5:00 to 6:44 explains how the chart below is created.

gz1968 gz1968
@gz1968, Why is the 4.272 fibonacci interesting? Because it would be a repeat of what happened before.

I see it. Very nice. Appreciate you showing this.
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