RE: Bitcoin (BTC) Morning Update: Microwaves Show a Symmetrical Triangle

[dkalita123]

@haejin, How will you count Elliot waves if this fall below $6400? ABC correction from ATH 19,800 from December? so wave 3 of C is on going ? Wave 5 is coming next taking BTC to $2500 range??

Comments

[metiu]

I can see two reasons why this case isn't very likely.

1. I can't find the way to count 12345 subwaves in your big 1 down.
2. This would mean extended 1st wave down. And extended 1st is very rare. Even more when it comes to Bitcoin.

[metiu]

This one looks more scary to me.

[minimins]

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