Bitcoin is currently forming an expanded flat wave (2) correction, with wave C in progress. test of previous high at $20k is possible but low chance of anything lower.
Monthly log chart of BTC, showing an Elliott wave count that supports the narrative that we get an extended bull cycle this time around...well into 2022. I like this count because wave ((2)) green is a zig-zag correction and wave ((4)) green is a triangle. This type of alternation is often seen with corrective waves. Also, this current impulse wave 1 (orange) was...