Level_One

Bitcoin Elliott Wave analysis

BITSTAMP:BTCUSD   Bitcoin
Here is my analysis of Bitcoin using Elliott Wave Theory.
4/15/21 we completed wave 5 after an extension on the 5th wave.
Hopefully, we just completed the first leg of WXY correction.
Next we go up 40-60% of wave W to $56k - $58k
Last leg down (Y) should equal length of first leg (X) to $42k - $44k
Then up to new ATH
Let me know what you think!
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