BTC - Primary Count 30min

Not going to get into too much detail here. I covered these targets in the 2hr update, but I wanted to post this for tracking purposes and to show the sub-wave count for this leading diagonal.

We should expect to head towards $7620 here, this is the 0.618 fib extension of wave (3). However diagonals have a tendency, especially in BTC, to overthrow on wave 5 so we could see as high as $7800 I reckon.



*THIS IS NOT FINANCIAL ADVICE*

Comment:

Diagonal is still valid unless we cross below wave (2) at ~$7275.

Trade active:

Diagonal wasn't complete at time of posting, but we've hit the first box regardless in the same fashion as I was expecting. An overthrow above the upper trend line. Could still extend up to the $7750 target, but I'm taking some profit here.

Trade closed: target reached

Comment:

I believe that was all of wave (b). See this thread for continued updates now: