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micah_trader

Are we sure Bitcoin has topped this cycle? BTC Elliot Wave Count

Bitcoin (COINBASE:BTCUSD)  
micah_trader  
COINBASE:BTCUSD   Bitcoin
Elliott Wave
2
1
elliottwaves
From looking at the Elliot Wave count of Bitcoin, I wonder if BTC has really topped yet this cycle.
I know most of the news out there is FUD and that we are in a Bear market now for BTC (I previously also assumed we were in a bear market), but from a chart perspective, it looks more like we just finished an ABC correction within the Wave 4 corrective wave.
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