The potential start of a new deca-cycle Elliot Wave

I've been doing some research on Elliot Wave Theory and was messing around with the BTC monthly chart and found that the monthly chart dating back to 2010 makes a pretty good Elliot wave according to the Elliot Wave rules. I am by no means a pro and have only got into TA this past year.

With the rate of BTC trending upward I would not be surprised to see a massive run up and sharp correction creating the first wave of the new Elliot Wave. To what price BTC goes up is anyones guess.

I would love to hear any thoughts on this.