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RogueDave
Jun 12, 2017 4:55 PM

BTC Elliott Wave Count - Near Term Top? #BTC  

Bitcoin / United States DollarCoinbase

Description

Has BTC reached a temporary peak based on Elliott Wave Count methodology? The analysis is based on the available and relevant price data from the Coinbase Exchange. Wave 5 appears to have peaked at the US$3000 level, and is now correcting. Affecting BTC's near term price uncertainty is the UASF BIP148 vs Lightning Network issue that has not been resolved as of writing this post. Fibonacci retracement levels are included in the chart.

tradingview.com/chart/JavueEH0/
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