This is my overall idea for Elliot's wave theory in regards to our current position on BTC to-date. This is my first time publishing and do not consider myself an expert in the theory (or crypto for that matter) nor do I consider this the correct method used to analyse with Elliot's wave. I use the theory simply as a guide based on previous movements to point me in directions I think Ellits wave will predict BTC is headed and then use other indicators to extrapolate/predict where I think the price will reach - with no accuracy intended.
Take my TA with a grain of salt, as always, this is not financial advise in any shape or form, always do your own research and never take advice from someone who is not an expert. This is just a hobby for me and any feedback would be appreciated!
Please note, the green 4 wave is not where I think BTC will bounce, yet. It is still too early to tell where we are in the cycle, I think I may actually go far lower than pictured,