Bitcoin Elliott Wave Update - Zeroing in on a target for the end of the correction

It appears that subminuette wave iv may have completed and that we're ready to start subminuette wave v.

As Hive account@vimukthi pointed out, it appears a head an shoulders continuation pattern is developing. The target for this H&S is $2889. This would coincide with a 61.8% retracement of intermediate wave (1) and also an extended wave v, both of which I mentioned in my previous post. The evidence is definitely mounting for this level to be the termination of the correction.

If you have any thoughts or questions about this wave count or elliott wave in general, please post them in the comments.

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I am not a financial advisor. Be sure to do your own research.