UnknownUnicorn15998212

Bitcoin Elliott Wave Update

BINANCE:BTCUSD   Bitcoin
This is begining to look like an infamous Bitcoin 5th wave. Blue lines are daily resistances, purple boxes are targets for the end of the extended 5th. A larger scale analysis is necessary here to put things in perspective. I will follow up in a moment.
Comment:
Assuming no double top on the 5 min, there are two options I see possible for wave 3 of 5. Option 1:
Comment:
Option 2:
Comment:
Either way the sub waves clearly look like were on to the 5th wave, and 4th wave correction is complete. Wave 4 and 5 of 5 of course are arbitrarily drawn on until wave 3 of 5 is complete
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