Elliot Wave Theory analysis.
WXY correction in the works.
BTC road to 6k? WXY correction.
Y can end anywhere between 6-8k.
Depends on if we get a typical C wave we would end up near 6k
If we have a short C wave we end up near 8k.
Looking closer at current price action. It doesnt seem done yet.
Retest of 9500$ or lower is likely (needs to hold 9000$ or this count gets invalidated)
So we finish up the 5 waves down for this A wave.
WXY correction in the works.
BTC road to 6k? WXY correction.
Y can end anywhere between 6-8k.
Depends on if we get a typical C wave we would end up near 6k
If we have a short C wave we end up near 8k.
Looking closer at current price action. It doesnt seem done yet.
Retest of 9500$ or lower is likely (needs to hold 9000$ or this count gets invalidated)
So we finish up the 5 waves down for this A wave.