fx_iranian_traders

Elliott Wave count for Bitcoin

COINBASE:BTCUSD   Bitcoin
Hello everyone, I updated the chart for Bitcoin in daily timeframe, in this timeframe I have two scenarios that you can see them in this post and the next post. for the first scenario I assumed that price is forming a flat as wave 4 that we are in the wave c of this flat(abc). wave c of a flat comes in 5 waves so we may see lower prices for bitcoin. You can see the details in the chart, If you have any idea or question about this scenario please share with us in comment. I will provide more Elliott wave count daily if you are interested follow us to receive updates.


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