Predictions for the next run

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
We are currently correcting (see that massive red candle) and after I expect that my scenario will play out.

Wave 3 target - $10317 +-
Wave 5 target - $10900 +-

Purely based on Elliot wave theory.


Invalid wave count.. this is all kinds of wrong..
skyzacrypto RoyalPunk
@RoyalPunk, where is it incorrectly counted? initially there was 5 waves, which all make up the first wave 1. pretty sure its correct. but also people do sometimes count differently
RoyalPunk PRO skyzacrypto
@skyzacrypto, for starters wave 4 low can NOT go below wave 1 high in your subcount of higher degree wave 1.. straight of the bat, that invalidates this as a proper impulse.. Secondly, there's no indication of a full ABC retracement or anything other than one impulse down from former higher degree wave 5 to your current higher degree wave 1..
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