$BTC Elliot wave & Fib analysis: Neutral
Heres some Elliot wave analysis. 5 waves may or may not be in at the 1.618 drop from the top down at 30k. sometimes wave 5 ends at the 2.618 which has confluence with the big support line from historical btc supports. if 5 waves are in at 30k then we have room to push us up to 48-50k otherwise if 5 waves are not in and we mimic 2017 then we have 1 more leg down before a big bounce.
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.