Blockchainsaw

BTC still correcting?

COINBASE:BTCUSD   比特幣
The bull count is still in dispute since the 6000 bottom. Some say the second 'top' at 11675 is a truncated 5th wave of the larger 1 wave, while others have it as B in an already completed ABC correction(larger wave 2) that ended at 8370. This analysis goes on the basis of the truncated 5th which completed larger wave 1, and that we are now in the B-C leg of the larger wave 2. If this is a 1:1 zigzag then we're looking at 6600 bottom. 1H and 4H charts




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