Bitcoin: Elliot-wave Textbook Example from April Gains

Here is a text book example of Bitcoin during the recent bull run post printing a higher low. When everyone was bearish and expecting 4k, BTC surprised us with a bull run that shows a neat Elliot-wave example.

If the wave-5 again dies prematurely like in Feb, we will see the continuation of deep corrections. However, if the wave-5 continues towards 9k, we will then see moderate corrections e.g. 50%.

Good luck!