BITCOIN Update using Elliot Wave counts (BTCUSD, BTC/USD)

This chart is quite interesting, and potentially can be a complex 4th wave playing out as shown below. The reason is that the start of the wave labelled (a) wasn't quite a standard impulse 5 wave move, although one can force fit five waves in it but they'd be out of standard proportions. So the higher probability is that this wave was a 3 wave move, and IF SO, this chart could be playing out in a complex B wave triangle. The count will get invalidated as shown in the chart, and even before, we'd start seeing warning signs that this count isn't quite playing out. But, so far, its playing out as expected, so should be on the radar imho.

Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clearer.

Hope this chart is/will be useful.