Garabet

Bitcoin price for the upcoming month. A deja-vu of February?

BINANCE:BTCUSDT   Bitcoin / TetherUS
I started to believe that we are going to witness nearly a carbon copy of what we saw between 5th of February to 5th of March in the upcoming 30 days of BTC price chart.

BTC price chart started to form an Elliot impulse wave in the 5th of February as you can see above and this wave ended at 5th of March and then we saw an Elliot correction wave ABC 'till 30th of March. The BTC price chart started a sideways move after that and this continued 'till the massive pump at 12th of April.

I believe that the BTC price chart started to form a new Elliot impulse wave at 12th of April and this wave will probably move very much like the formation of earlier wave in February-March.

I will update the chart with further comments in the upcoming days.

Let me know what you think by commenting below :)
The market looks a bit shaky at the moment, indecisive about whether bulls gonna triumph or bears gonna pull it down to 7600$ area but I still hold my theory as of now. I think a convincing break of 8500$ can make BTC to quickly climb 9000$ and the new Elliot impulse wave can even be bigger than i painted in the chart above.
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