Could it be that bitcoin has found a reversal point ?

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The downward movement we just experience few days ago in bitcoin price is just a pull back with a nice buying opportunity.
To confirm that bitcoin will continue its upward movement , the upward movement that follows the pull back broke into five wave with ABC correction in one hour time frame according to elliott wave principle.
When such happen , it set the market to make another impulsive wave which is usually elongated making it to be wave 3 of the higher degree . And this will make btc to continue its all time high.
In conclusion, btc has not find the reversal point that will lead to change of the present trend which is upward trend because our destination has not been reach.
So , am still favouring a buying position on bitcoin.

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