Update - Bitcoin Full Elliott Cycle
Just realized I hadn't updated this in a while. I flip flopped back and forth between two theories I had before our recent ~40% correction, I was right the first time and then after talking with some people, my mind was changed. The thing about Elliott Theory is it's very hard to agree on wave counts, but in the end it doesn't matter. Just find the waves and trade them well for profit. Remember your charts have to agree with the psychology of everyone as a whole.
I believe this map to be correct now, as I originally had it when I went out to map Bitcoin from it's beginning. Time will tell if I'm right. As long as we create an uptrend now moving into 2018, this map will hold up for one more set of waves up before a larger scale correction. Hopefully that correction won't be too big of a deal and we can just play more ALTS or short on BitMEX!
Happy New Years everyone! 2018 will be a blast.
I'll be updating this as we move up each level, so far the next target in sight is around 25k.
I believe this map to be correct now, as I originally had it when I went out to map Bitcoin from it's beginning. Time will tell if I'm right. As long as we create an uptrend now moving into 2018, this map will hold up for one more set of waves up before a larger scale correction. Hopefully that correction won't be too big of a deal and we can just play more ALTS or short on BitMEX!
Happy New Years everyone! 2018 will be a blast.
I'll be updating this as we move up each level, so far the next target in sight is around 25k.
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