Bitcoin Elliott Wave Idea - Update

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 7, 2022 12:05 PM

Update on this series of ideas on Bitcoin >

Possibly wave 4 "Running Flat" correction that has so far halted at the 0.786 extension with divergence on RSI.

If 40,000$ level fails to hold then the next stop may be the 1:1 extension at 32,000$

Trend Analysis Wave Analysis Bitcoin (Cryptocurrency)BTC BTCUSD Cryptocurrency crypto

Comments

faronf

⋅ Jan 7, 2022 2:16 PM

thanks J_K, I have been watching this same level with the high (B) wave 4 running flat, here's hoping it holds.