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TheCryptoBeast

BTC possible inverse head and shoulders & wave 3 Elliott wave

Long
Bitcoin (BITMEX:XBTUSD.P)  
TheCryptoBeast Updated   
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
If this is the case, target would be approximately 8034. The measured move lines up with the 1.618 wave 1 multiple for a wave 3 Elliott.
Comment:
Move started right after I posted that, kind of funny. There is a chance that the move could be over now and my count is wrong (wave 5 could have just ended or something), so keep that in mind.
Comment:
As of now this is still in play, also looks a lot like a Wyckoff setup.
Comment:
Still think my target is valid at this point, also think we could go as high as 8500.
Comment:
We hit another target at 7743, 8k here we come! :)
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