BTC Elliot Wave thoughts after bull run
Above are some thoughts about the retrace of bull run.
There were a total of FOUR ''orders'' of wave 5's that ended around 9750.
''Orders'' as in larger and larger fractals of the 12345 impulse waves.
The smallest order in question tried but failed.
The next larger order seems to be holding for now.
But for long term HODL'ers, a retrace to the Largest Order would be preferrable.
So am watching to see where this retrace might bottom.
There were a total of FOUR ''orders'' of wave 5's that ended around 9750.
''Orders'' as in larger and larger fractals of the 12345 impulse waves.
The smallest order in question tried but failed.
The next larger order seems to be holding for now.
But for long term HODL'ers, a retrace to the Largest Order would be preferrable.
So am watching to see where this retrace might bottom.
Note
Further thoughts on retrace 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.