BTC Update
Bitcoin remains firmly in a downtrend, and I believe we have only completed waves 1 and 2 of a five-wave sequence.
The projection on the chart is for illustration only and should not be used as targets.
Wave [A] was a diagonal (not sure if it was expanding or contracting), so I expect wave [C] to manifest as an impulse.
The projection on the chart is for illustration only and should not be used as targets.
Wave [A] was a diagonal (not sure if it was expanding or contracting), so I expect wave [C] to manifest as an impulse.
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📏 Chartopedia, with examples of applying ElliottWave to real world charts
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