This is my first time merging the two theories together. Many show BTC taking off in a typical Wyckoff rise from here, but BTC seems to be forming a rising wedge, which logically would be a subwave 1. So a drop for subwave 2 seems logical.
I used a WXYXZ due to the abc subwaves for each leg. I notice many put this as 12345 to the "spring". Semantics.
I can't take credit. Looked at a lot of ideas. I like this count.
Wave 4 looks completed.
Of course, the correction could take on an even bigger structure, and wave 4 is not complete. Cross your fingers.
Stock: BCHG . If you have money in the stock market, here is a HUGE play. Graph is a percentage graph for comparison. Notice how stock BCHG has pumped up/down relative to crypto BCH. This shows me that there is a lot of pumping/dumping in this fund relative to the BCH. The next BCHG pump is coming. And combine that with final bitcoin major wave 5 in the...
So here is my current target using Elliott wave projections.
Interesting that 1.0 fib of wave 1 lands right on the last bottom that occurred at the last bull run end.
I put two arrows at the end. Some think BTC will end in December. Some sooner. So to keep both happy, I put two arrows to kind of show this.