BTC Roadmap (bigger picture)

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On the monthly scale the Elliotte Wave count looks like this:

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Note the length of the correction in 2014 vs 2018. If 2018 is a repeat of 2014, then we should reach the end anytime soon, however since the prior super Wave 3 was much longer then any of the previous super Waves and much bigger and longer correction could possibly be due.

On the weekly scale the Wave count looks like this:

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This put us in Wave C. According to the theory, Wave C is usually longer than Wave A.

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On the daily scale we have to possible outcomes:
  • Either sharply go up from here to meet the target then sometime later down again when traders take profit.
  • OR go sharply down and start Wave 5 (of bigger Wave C).


* PS: Not advice. I'm still learning. Please let me know if you think I missed or overlooked anything important that could change the picture.
ملاحظة
I think my previous super wave count is off because I did not take into consideration the data before 2012. This changes the picture a bit.

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ملاحظة
My updated wave count also gives the current wave more space to move side-ways.

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BTCElliott Waveroadmap

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