Bitcoin is out of Elliot wave sub waves; time to go up Long
Bitcoin / United States DollarCoinbase
Description
⋅ This 4 hour Bitcoin chart looks like the sub minuette waves are finished and it's time for the minute wave iii to move up the price of Bitcoin.
It looks like Bitcoin finished it's ABC pattern at $42333; the move up the past few days and then back was nothing more than minute waves i and ii.
This consolidation reminds me of the triple bottom near 29K back in June and July but on a shorter time frame.