Bitcoin's technical analysis based on Elliott waves will be as follows: Given the completion of 5 complete Elliott waves, we expect a deep correction to begin, which can be corrected to the 78.6 Fibonacci range. Why to this range because the wave corrects in the main?
According to the attached chart, it is estimated that the main waves of the uptrend are black waves, and based on this, I expect wave 4 to end in the displayed range (of course, it must be monitored to calculate the exact point) and then enter wave 5. Of course, the points that must be considered are that we have types of waves 5 and the ascents can be long, and...
