There correction is not finished yet for Bitcoin . In Elliott Wave Land: Wave 1 is to be retraced at least 61.8%. This has not happened yet.
I do see an A-B correction so far with B wave being an expanded wave.
The move up on the B wave does not look impulsive! (Its choppy as hell!)
USD is not about to crash. (Yet)
I think Bitcoin will have its day but...
IMHO opinion we are seeing unprecedented manipulation by the fed which has lengthened this B wave considerably since Brexit and the Election.
When this thing blows its top it will be nasty.
You be the judge.
I have spent the last one year studying Elliott Wave and Beyond and I am absolutely astonished at what you can learn when you apply yourself enough.
The price action in the blue box is a critical component of the fractal markets.
If you look hard enough you will see this pattern everywhere since the beginning of time.
One more move up and what should follow is...