Long

BITCOIN ELLIOT WAVE ANALYSIS!

By FibonacciGang

Updated

Bitcoin finishing up it's ABCDE correction. Two possiblle pathways but only ONE DIRECTION UP!!!!

Note

Playing perfectly in my channel! E wave is slowly finishing up it's correction. Many analysts called for a trend reversal but there was not enough volume for a clear signal.

I am waiting patiently for BTC to drop to 8-10k zone to start laddering my buys.

WORST CASE SCENARIO (BEARS WIN):
BTC will drop to next possible support at mid 5k zone if it fails to hold the 8k support.

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