wavepatterntraders

Short Term Elliott Wave Analysis of Bitcoin

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Ideally wave (iv) of wave 3 is in place, new ATHS are favored to end wave (v) of 3, then another pullback for wave 4 as shown. Unless I have reason to turn bearish ie: puke under 4600, then lets give the bullish case the benefit.

Note: I believe this is a blow off and at some stage a crash is going to be seen, but price and pattern rule , but when its ripe it will be a great sell.

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