@EnZo, Fair point. I thought about counting waves as you have done. But the unusually higher length of wave 5 (than wave 3) and high volume associated with the recent up move (wave B in your chart) made me choose this recent wave as the start of a new impulse wave. As of now, there is a mini correction happening after reaching 70000 satoshis. If price goes below 56000 satoshis then your chart will hold good.
@Sarthakraj, Thanks buddy! Sure. Simple Elliott Wave Theory. You can google and read up. Message me incase you need to discuss. Hope the wave 3 reaches the target in VEN, given the high volatility in crypto markets last 2 weeks.