Elliott Wave Analysis of Bitcoin (4hr)
Above 4600 continues to support more upside, the aggressive bullish idea needs a few more gyrations to end wave 3, the less aggressive idea sees a pullback for wave 4 (see alt labeling) but should hold above 4600, then see further upside for wave 5 of [5].
My preferred idea is that its still inside a 3rd of 3rd wave, so more gyrations needed as shown to end wave 3 of [5],
My preferred idea is that its still inside a 3rd of 3rd wave, so more gyrations needed as shown to end wave 3 of [5],
Disclaimer
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.