The dump BTC needs
Updated
With the new ATH replacing the previous B wave target, this gave us a higher C wave target of around 49k. I was surprised it would be hit in such a quick, foul swoop as it did today. Since it was such a quick wick to C, I wouldn't be surprised if C got revisited. On my journey to learn the basics of Elliot waves, it seems they always eventually play out. It just may take a long time. This is good for Bitcoin as it can now go on to reach its higher targets of 70k and beyond.
Note
Looks like C got revisited as I thought it would. Hopefully it's all up from here for bitcoin.
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.