Bitcoin w. Long term Elliot Waves
Updated
Looking for confirmation on B-C for the weekly, while we complete the 3-4 Monthly. Divergence on price to volume remains strong.
Levels to watch:
54K (breaks confirmation and potentially makes us reconsider that the 3 on a monthly is actually not in yet and that we could begin looking at 63k and 72k.
Otherwise:
45k (current support)
36K (Middle of the point of control)
27K (Low we should test on the C move.)
Levels to watch:
54K (breaks confirmation and potentially makes us reconsider that the 3 on a monthly is actually not in yet and that we could begin looking at 63k and 72k.Otherwise:
45k (current support)
36K (Middle of the point of control)27K (Low we should test on the C move.)Note
Looks like confirmation on the weekly BC. Looking for the A on a daily now around
36K, before the daily AB, and then finally, the daily BC, which should help us close the weekly BC and the monthly 3-4.
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