SUMMARY
Bitcoin (BTC) put in a recent surge that took it as high as $9,735; easily exceeding the $9,600 minimum price run projection for the bullish ascending right triangle pattern. That's why it's called the minimum target because its usually exceeded!
Here is an updated Elliott Wave count as had been requested several times. The red waves show that 1 and 2 are complete with 3 almost placed with a target of around $10,084 or so. Then wave 4 correction before the 5th wave. These dollar value targets are not precision markers; only land mark regions to provide structure to the upcoming wave levels.
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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