Bitcoin BTC - Acceleration very soon! + Elliott Wave

2 Agu 2022

• This local correction should be over very soon, and we can continue higher in the uptrend!
  
• It's not an easy task to do an Elliott Wave analysis here, but this is how I see it.
  
• As per my Elliott Wave analysis, we are in the impulse wave 3 of the huge impulse wave 3.
  
• Currently, we are very close to the acceleration point, where we will see an increase in volatility.
  
• I am very bullish on Bitcoin and I would never short Bitcoin on the futures market at the current or even lower price!
  
• I expect tremendous gains for selected altcoins. You can find them in the related section down below.
  
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4 Agu 2022

Catatan

If we zoom-in, we can see a gap that can be filled before another pump. We can go lower to 0.618 FIB or 0.786 FIB + fill the gap. Also, there is a nice trendline.