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Bitcoin Elliott wave analysis - wave 5 has begun
BTCUSD
, 1D
Long
BTCUSD: Bitcoin Elliott wave analysis - wave 5 has begun

Simple impulse wave count showing current price action forming the base of Intermediate wave 5 (the largest degree shown). If so, it would appear to be in the 5th wave of Minor wave 1, possibly completing around the 72.6-72.9K USD area. This implies a pull back to around 50-61.8% of the length of Minor wave 1 to complete Minor wave 2. As always, prior pivots...

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