Bitcoin Elliott Wave Daily count
This is my view about Bitcoin at this moment and we may have the bottom here!!! Let`s see how.
The wave 3 ended on 14 march 2021 and from that time started wave 4th. An extended flat formed by wave a extended flat, wave b zigzag, and now wave c the impulse wave is an ending diagonal. Also the ending diagonal 3rd wave is bigger than wave 5 but not too much and if it will go deeper will break the EW rules.(3rd=47.48% vs 5th 44.35%)
Wave c from the 4th wave bounced in 1.414 fib extension of wave a and b.
Bitcoin has the chance to do something now and if it will go impulsive and will take the channel middle line first and maybe the upper band than the chance to start the 5th wave will be bigger.
If you like my analysis subscribe for future updates. Good luck!
The wave 3 ended on 14 march 2021 and from that time started wave 4th. An extended flat formed by wave a extended flat, wave b zigzag, and now wave c the impulse wave is an ending diagonal. Also the ending diagonal 3rd wave is bigger than wave 5 but not too much and if it will go deeper will break the EW rules.(3rd=47.48% vs 5th 44.35%)
Wave c from the 4th wave bounced in 1.414 fib extension of wave a and b.
Bitcoin has the chance to do something now and if it will go impulsive and will take the channel middle line first and maybe the upper band than the chance to start the 5th wave will be bigger.
If you like my analysis subscribe for future updates. Good luck!
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