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RE: Bitcoin (BTC) Mid-Day Update: Combination of Patterns & Elliott Waves

in #bitcoin6 years ago (edited)

Is this the correct long term count? If so. we have a way to go before making the final turn and run up to wave 5. The .618 Fib is somewhere around 11,214 from what I can tell.

This is the weekly chart for Bitcoin using Coinbase. Thoughts?

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Or how about this? We just topped Wave 1 and are now in the Wave 2 correction? If so Wave 3 would be a heck of a ride North. How else are we going to get to $100K or $1 Million of we don't start working on a larger scale? Below is a weekly look at the possible completion of Wave 1 of the Primary cycle.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 66991.04
ETH 3101.80
USDT 1.00
SBD 3.74