So target for wave 5 is from bottom of wave 4 where the blue arrows are +$408.
If wave 5 extends to 161% of wave 1, it will be $408x 161% which=$660.
So an extended wave 5 would give us approximately $6250.
Correction after should be to approx 5K area afterwards. Which would be the 382% retracement for a wave 4.
This makes sense because wave 2 was deeper retracement to 786%.
I will do a zoomed in count and update this idea if I have time later tonight- then we should be able to see how much more upside is left in this move.
Ultimately, be prepared for a large move down, and pick some alt coins to load up on while BTC corrects sideways during this larger wave 4.
My picks are bitcoin cash, Ethereum, XRP, and possibly ADA.
Anything with solid liquidity.