Preface: I am the epitome of an amateur chartist and still a novice in both identifying and interpreting common TA, so forgive me if this is a butchered technical analysis.
Just blindly throwing some darts at the wall here.
Is it at all possible that we have seen our elliott wave complete its 5th leg at BTC's ath, with our ABC correction already having occurred to a bottom of ~3k USD and we are now filling out our 2nd leg of our next elliott wave?
With the upcoming news of ledgerx and btc making its way to wallstreet some time beyond Oct 4th, I can imagine this comes just in time for a bullish run some time in the coming month.
Or maybe I'm just perma-bullish :P
Just blindly throwing some darts at the wall here.
Is it at all possible that we have seen our elliott wave complete its 5th leg at BTC's ath, with our ABC correction already having occurred to a bottom of ~3k USD and we are now filling out our 2nd leg of our next elliott wave?
With the upcoming news of ledgerx and btc making its way to wallstreet some time beyond Oct 4th, I can imagine this comes just in time for a bullish run some time in the coming month.
Or maybe I'm just perma-bullish :P
Comment:
Have to admit... it's pretty dang close. I still think we are building leg 3 though and getting ready for a retrace for leg 4. This isn't over!