I have used Elliott Wave counts to come to a conclusion that Bitcoin is probably undergoing an A-B-C-D-E correction for a larger degree Wave 2. Currently, I believe we may have begun the E wave down to the predicted $2 - $4k levels. I think we are in the process of a Zig Zag (5-3-5) down for the E wave and at the moment and if this is correct, we are completing Wave 2 down (which consists of a three-wave ABC).
Image: cdn.smartchoicecloth...s/secret/chart-1.png
For the longer term investors, this is a golden opportunity.
Image: cdn.smartchoicecloth...s/secret/chart-2.png
Of course, this is not financial advice nor is it an indication for you to buy or sell. Elliott Waves are based on a probability principle, and nothing is 100% certain. Do your own research!
Image: cdn.smartchoicecloth...s/secret/chart-1.png
For the longer term investors, this is a golden opportunity.
Image: cdn.smartchoicecloth...s/secret/chart-2.png
Of course, this is not financial advice nor is it an indication for you to buy or sell. Elliott Waves are based on a probability principle, and nothing is 100% certain. Do your own research!