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BTC 66k 77k welcome to the moon 🌚 Elliott wave analysis
On weekly time frame we have made 3 then made a correction now look like we in potential ext 5 or wave b of complex correction
Go down to daily chart as thumbnail. price action break the high of impulse recently and we completed 5 wave. We expecting a good correction from here to make wave 2, wave 2 should be supported by tenkan sen and kijun sen and kumo and chikou span must be above price and do not overlap with price if we do so most likely we will have a impulsive wave 3
Target for 3 is 66k next target is 77k
If price continue to extend 125k is next area to watch
If price go lower point 0 of wave we count 1 we may still in large correction
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