HI Everyone,
I am pleased to share with you my Elliot wave perspective on Bitcoin BTCUSD price.
June 10, 2018: Here is a LONG TERM chart....predictions based on EWT are to be taken with a large spoon of salt due to the fractal nature of price, as the patterns can morph and change over time. Also, the levels are "as they seem at this time" based on standard expectations with some guess work. However, with that said, at this time, it can be posited that BTCUSD may be likely to target ~150k before correcting back to ~10k, then resurrecting a slingshot to ~2.8 million and then crashing back to ~290. These levels are not to be taken literally, as you know!
What can be said for certain is that it will be a wild ride that would be anything but uninteresting!!!
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My previous charts and extensive short term analysis are given in this post:
I hope you liked this post, and if you did, please upvote me, and resteem my post to your followers.
Hope this analysis was/is/will be helpful! Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clearer when expanded.
