awolfkin
Short

BTC Wave 5 Complete?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD may have completed Elliot wave 5 which would call for a correction back down to 2-3k levels.
Comment: note timeline is based on previous 2013 peak & recovery. Focus should be on price targets & not exact times of pattern completion.
Sorry but that correction will not last this long. 2014 was BTC crossing the technological chasm - traders will front run 2020 halving. This entire correction will play out within 9mo-12mo instead of more than 24 as you have it.
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@Ero23, completely agree, this timeline is not accurate. Crypto moves fast
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