Looks like 4 th wave is complete as a running flat like ethereum. Wave 2 and 4 are almost equal in time and its posdible to count 5 waves Down in the c wave. Furthermore we have hidden bullish div. On weekly tf
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Cwave. Wave 5 was within Channel drawn from end of wave 2 and 4 to the end of w 3. bullish div on rsi on the 5 th wave Down
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From bottom. My count is this untill proven wrong
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My bullish count atm.
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This is the bearish count of the move up
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Move down looks corrective so far
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If current lows hold we are most likely in s leading diagonal
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Still not a clear 5 wave structure form bottom on bitcoin yet.If we look at ripple it made a clear 5 wave pattern so I reckon bitcoin Will too
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Difficult to eye a bullish count on bitcoin . It looks very much like a flat correction. Not High chance of getting higher for now. If it is a flat it means we are in a 5 wave structure Down from top.
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Bearish count Down if we dont break above 41.5
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Count on ripple seems very clear. Its bullish . Makes me wonder - bitcoin must be too then. 41.5 k must break before we know.
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Bullish count on bitcoin
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Move up here could be bullish but it might only be a c wave of an exp flat. We Will have to se if 42.2 breaks
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We are looking at the above bearish count or this bullish count. As long we are below the 2 yellow lines the bearish scenario could still play out.
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5 waves up done it seems. C wave ended or a 1st wave?
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Appears as if we finished an expanded flat as wave 2. If so the bullish scenario is os. Yellow Lines must break though to confirm it.
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We Got hard rejektion at the yellow Line. Looking if move Down was a zigzag or 2 1st waves. If we get back to red Line it was a zigzag and a potential wave 2
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I meant blue Line.
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ENding diagonal May have finished
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Finishing this zigzag
