BITCOIN (BTC) analysis by Elliott Wave theory on monthly basis
Since 2017 starting point of BTC, it have Ist wave in triangle pattern (means mostly if 1 wave have triangle pattern then 3nd wave is longest which have completed in BTC & hit 3.618% of Fibonacci ratio. 4 wave taken more time consumed & 5th wave also complted as per elliott wave. then big correction has also done (a,b,c in form). hence total 08 wave have complted of elliott wave.
Note: Now new Impluse wave has started. if anyone buying BTC can this level this is only education purpose.
BITCOIN (BTC) analysis by Elliott Wave theory on monthly basis.
Triangle pattern
Triangle pattern
3.618% (64K) touched, fibonacci ratio point exactly
Corrective wave also completed through Elongated pattern
TARGET: Future target but take time (But it can in form of Impulse wave or in other wave. but this is right time to buy BTC
Note: Now new Impluse wave has started. if anyone buying BTC can this level this is only education purpose.
BITCOIN (BTC) analysis by Elliott Wave theory on monthly basis.
Triangle pattern
Triangle pattern
3.618% (64K) touched, fibonacci ratio point exactly
Corrective wave also completed through Elongated pattern
TARGET: Future target but take time (But it can in form of Impulse wave or in other wave. but this is right time to buy BTC
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