Bitcoin Elliott Wave
A possible Elliott Wave count indicates that Bitcoin may have a short term bounce soon. It is completing the final 5th wave. I targeted just above the 3.618 Fibonacci Extension for the fifth wave. If the price starts to level off at that level and shows bullish divergence on the RSI or MACD, it could be time to trade a short term bounce.
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The Elliott Wave count was wrong.
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Disclaimer
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.