Bitcoin
Long

Bitcoin Wave Analysis (Update)

5094
Hi traders,

Here is a scribble of my work on Bitcoin using Elliott Waves. Although I'm not a big fan of trading using this theory as its built using many assumptions which usually fails. However, it's sometimes fun to use it and see the market from different perspectives.

I don't want to be very optimistic, but based on the information and what the chart is telling me, $12,800-$13,000 should be an easy one!

My Previous idea on Bitcoin using Elliott Wave:
Bitcoin Wave Analysis - (WXY)



Regards,
Abdulla

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