SUMMARY
The theme of this eveinings Bitcoin (BTC) analysis is the following:
Two roads diverged in a wood, and I—
I took the one less traveled by,
And that has made all the difference.
(Excerpt- The Road Not Taken by Robert Frost)
The below chart is my primary count where the correction is not yet over. The blue a,b,c waves show that currently, the blue b wave is completing and that means blue c wave will be next. The sub waves of the blue c wave has been labeled.
The secondary count is displayed in below chart. It shows that the red a,b,c was the zig zag correction and could be complete. This means that white wave (i), (ii), (iii), (iv), (v) will carry the price to a new all time high towards the target of $7,712 or higher. The price currently is moving with much vigor, very much like a wave iii.
What's important is not which count is correct because for both, the destination is the same.
The video has much more details even using fibonacci measurements. What's important is that with so many altcoins undergoing a very high similarity index bullish crouching, the top for bitcoin is not yet happening. I can't see a crash without the altcoins having their day under the sun to geyser run up in their prices. Again, much more details in the video.
Please review these Tutorials on Laddering! and Buy/Sell Setups!. These books: Elliott Wave Priniciple & Technical Analysis of Stock Trends arehighly recommended!
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BTS Wallet - d2e60e9856c36f34
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**