As you can see, here is a phenomenal Elliott wave theory analysis of Bitcoin.
The picture is totally clear.
In my opinion, the CME gap is to be filled as soon as possible. (in this wave or the 4th wave correction of current impulse)
The short-term target is 42K.
The mid-term target is 47K.
Then, the correction will continue to finalize its structure by going down to around 30K again.
The picture is totally clear.
In my opinion, the CME gap is to be filled as soon as possible. (in this wave or the 4th wave correction of current impulse)
The short-term target is 42K.
The mid-term target is 47K.
Then, the correction will continue to finalize its structure by going down to around 30K again.
Comment:
the gap filled at 0/62 fib ret of previous impulse and as a pullback to the top of the triangle.
do the math yourself :D