Fib Extension points to $9200 to $9500 for a BTC bottom

22 thg 8, 2019

I've plotted the Elliot Wave count for this ABC correction since June 26th. I think we are now in minuet wave (5) of subwave (5) of wave C. The 0.618 to 0.65 Fib extension of minuet waves (2), (3), and (4) points to a $9500 low for the end of Wave C. The 0.786 Fib extension points to $9400 and the 1.000 Fib extension points to $9200.

I've drawn a rectangle where I believe the end will happen and when. I think sometime this weekend BTC will bottom in the $9200 to $9500 area.