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Rekturnal
Mar 7, 2018 8:18 AM

Bitcoin Analysis - Elliott Wave Count Short

Bitcoin / DollarBitfinex

Description

This is my bitcoin analysis on bitcoin, If my wave count should be correct, we have complete the first wave up since the massive correction down to the 8000's. We are currently on the final third of the correction down to (C) which should end up in the region of 8200 to 8900. Hopefully then we hit an extended 3rd wave up from (C) and making BTC seems bullish again.
Comments
MiloszKaszynski
Your idea invalidates itself :) You should eliot wave theory before posting TA :) We are seeing now wave 4 or truncated wave 5 if you are interested.
Gutshot
@MiloszKaszynski, looks good. what is invalid on this count?
MiloszKaszynski
@Gutshot, B leg is above 0 -> A->B->C
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