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RE: BTC/USD Elliott Wave Count

in #btcusd7 years ago (edited)

EW count is all relative and an art. Having said that, I believe your final wave 5 has subwaves i,ii,iii but not yet iv and v. A tee bit more higher could be possible before Bitcoin tops. But then, it doesn't matter for those who have been selling into this wave 5 for MASSIVE profits from prior bottom. Good to see a nice EW count! Upvoted! Following!

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Yes, I could see that being the case. We'll either turn higher and break above $4979.90, invalidating the count I proposed here, or we continue down and break below $4449.80 which I believe would invalidate the bullish count. It'll be quite interesting to see how this plays out. Thanks for the follow!

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