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SunnyHillCapital
Feb 4, 2022 4:50 PM

Bitcoin - Promising Elliott Wave Count: $77k then $131k Long

Bitcoin / DollarBitfinex

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Comments
fi1tek
Btc could correct under 30k before starting to rise.
SunnyHillCapital
@fi1tek, Possible, we'll see.
akwoluemmanuel
@fi1tek not possible bro... you have missed
UnknownUnicorn5924359
LOL?
ShorterLivesInCardboard
I'm bullish too, but I'm not quire sure about any price above 100k, but who knows? Nice chart btw
SunnyHillCapital
@b7wn7wrhbd, Time will tell, thank you.
claymore008
Without a bottom building around 25-30k it's impossible to start so high
SunnyHillCapital
@claymore008, Why's that?
claymore008
@SunnyHillCapital, I think that will be healthy for the whole chart - a small bottom in your own suggested stopp-loss area around 29k. Such direct rocket as you drawn to 77k and 130k is only possible if eg USA will officially accept BTC as payment currency :)
CryptoHolix
your wave V is more impulsive than your wave III. not possible, take note of RSI as well at peak of III and V

its 5th primarily wave of cycle I, we are in a double correction (cycle II) to correct the entire cycle started from Dec 2018. and roman numerals are used for minutte degree waves or cycles, not primary, intermediary or minor degree. gotta label it properly otherwise it shows u simply don't understand EW
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