BTC Roadmap (bigger picture)

6 janv. 2019

On the monthly scale the Elliotte Wave count looks like this:



Note the length of the correction in 2014 vs 2018. If 2018 is a repeat of 2014, then we should reach the end anytime soon, however since the prior super Wave 3 was much longer then any of the previous super Waves and much bigger and longer correction could possibly be due.

On the weekly scale the Wave count looks like this:



This put us in Wave C. According to the theory, Wave C is usually longer than Wave A.



On the daily scale we have to possible outcomes:

• Either sharply go up from here to meet the target then sometime later down again when traders take profit.
  
• OR go sharply down and start Wave 5 (of bigger Wave C).
  

* PS: Not advice. I'm still learning. Please let me know if you think I missed or overlooked anything important that could change the picture.

8 janv. 2019

Note

I think my previous super wave count is off because I did not take into consideration the data before 2012. This changes the picture a bit.

8 janv. 2019

Note

My updated wave count also gives the current wave more space to move side-ways.