Bitcoin Elliott Wave Analysis for the upcoming months

Long

Bitcoin (BITFINEX:BTCUSD)

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BITFINEX:BTCUSD Bitcoin

elliottwaves bitcoin cryptocurrency crypto

For the upcoming weeks, it's gonna continue to go up. Corrective wave will not sent us further than 5300.

Pullbacks may occur on these levels: 5800, 6160, 6260, 6510, 6580, 6700.

Commentaire:

Dates are irrelevant in this chart, I only drew the pattern based on price calculations. I think it's gonna take a few months for the pattern to start showing itself.

Commentaire:

I did not calculate wave 5. This is valid for the targets of waves 1 to 4.

Commentaire:

Updated version with more details:

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