Bullish Bitcoin from a Bigger picture?

petermoo의
many analysts are getting bearish

but could recent movement play out perfectly in an elliot wave counting?

If yes, we'll see BTCUSD go up higher and faster on wave 3

I don't see this as impossible as every count has been obeying rules and fibs

Currently price is finding support at 200MA and Fib extension target of 123%

And for BTCUSD to prove itself, it has to cut through several major resistance levels

Do not dismiss it as impossible!

Sometimes it merely take a single news or price action to determine the beginning of a new trend, and especially so in cryptos

i think it'd be wise if we sit on the sideline to watch how BTCUSD unfolds subsequently

Good trading!
Beyond Technical AnalysisBitcoin (Cryptocurrency)crashElliott WaveTrend Analysis

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