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RE: BITCOIN (BTC) Elliott Waves Seem So Complete! What does this mean? Here is the chart...!
The technicals indicates a drop, but people selling their Bitcoins right before a fork just don't make much sense. It went to as high as 5400, that wave looked pretty impulsive right?
Impulsive, yes, be remember that it's at the terminal end of an impulse which consists of five waves. So, if currently finishing wave 5 of (v) of c of B; then it could be ready to turn. Why? After every set of five waves, there is a requisite three wave a,b,c correction.
I gave up trying to tie fundamentals to Technical Analysis. Soley rely on TA.
Fair enough, thank you very much, i log the chart and my apex gets right at the time of the fork, for the record my primary count is still similar to yours.
The apex came at about October 26th it is very tempting.