I thought while I'm at it, I would update the Elliot wave count heading lower. As posted a few weeks back, I give the current low in December a small chance that it was the final low, and I see currently, wave 4 taking longer than expected.

What would change my mind, and believe the bottom is in? Bitcoin's price really needs to be a powerful move heading north. I've offered plenty of trend lines and boundaries for you to determine the areas that I'm looking that the price would need to conquer. Until that happens, I believe price will continue to go "on sale"!

What do you think?

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.