SmilieLion
Long

Bitcoin wave 5 possibilities

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Currently Bitcoin is in wave 4 correction wave.
Wave 3 did not exceed wave 1, so wave 5 should not exceed wave 3.
This is why I believe we will not go far beyond 6000.
However, using another Elliott wave analysis style we can see that the prediction is more around 8000.
Nov 28
Trade closed: target reached: Amazing how much it was exceeded by.
It just goes to show that when things are crazy TA falls short.
Both predictions above were unable to predict what happened.
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