BTC Elliott Wave count

9 thg 6, 2022

Bitcoin Elliott Wave count update

• Still into the 4th wave, WXY correction pattern.
  
• Also I think 4th wave will correct into 0.5 fib retracement of 3rd wave, somewhere at 34200
  
• Changed a little bit things into Y wave. We have a Y wave formed by a zigzag pattern ABC, where B wave is a barrier triangle. (also this triangle can be a X wave if it is an y wave a complex pattern WXY but does not matter)
  
• Also we have a barrier triangle wave B from triangle`s zigzag wave D
  
• On the long term I am still bearish on BTC
  
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