BitcoinUpdated Bitcoin 1,2,1,2 correction? Elliot wave
In this scenario we could justify a bull run from here
I know 1,2,1,2 can be seen in wave 1 but technically you can see in wave 5 as well when a smaller impulse form.
also Wave 2 was a flat correction; usually that means wave 4 is a Zig Zag Correction
We could also be in a flat correction but "B" (where I put the impulse wave) did not touch 1.28 fib or 1 fib of A
Any inputs appreciated
I know 1,2,1,2 can be seen in wave 1 but technically you can see in wave 5 as well when a smaller impulse form.
also Wave 2 was a flat correction; usually that means wave 4 is a Zig Zag Correction
We could also be in a flat correction but "B" (where I put the impulse wave) did not touch 1.28 fib or 1 fib of A
Any inputs appreciated
Note
also not to time scale. Only stretching it out so its easier to see
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.