That's a good point: there is no clear five wave to count yet. Of course, all Elliott impulse moves can be either extended or truncated - so, if you really want to, there is a count to be made. But it won't be a pretty one. I understand that the move up from $7300 to over $10k was the third largest move in the history of bitcoin; probably not a correction.
That's a good point: there is no clear five wave to count yet. Of course, all Elliott impulse moves can be either extended or truncated - so, if you really want to, there is a count to be made. But it won't be a pretty one. I understand that the move up from $7300 to over $10k was the third largest move in the history of bitcoin; probably not a correction.