Bitcoin .. Do Elliot waves work?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This is based of the Elliot Wave Theorie. I can't tell if it will happen.
But if the Elliot Theory is right, Bitcoin goes down.

First Target is 456. If the 450 breaks, It will do down even more.
Well bitstamp is on 513.
This is not Going well right now.
But thanks. But what is your technical analysis for it? Up, down, sideways?
Kazonomics RomanoRnr
All 3 charts are against the short squeeze..
Nice charts. Now try to find risk rewards greater than a ratio of 2. This one is 1.3. One you consistently locate 2 or greater you only have to be right just over 50% of the time. This is important over the longer term. Keep posting and good work!
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