dont get me wrong but i see your 3rd wave is often shorter than 1. that itself violates the elliot theory. However, I agree with you too on the price being bearish and falling in the 5k region.
FloTi
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@pervinder, you are right my friend. Hard to make all the lines in this huge frame. Thanks for you comment! Follow me if you want
B10581923234546
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Are you sure you are seeing right? I'm sure the ABC should have ended Feb 8... Correct me if i am wrong.
FloTi
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@shadowbladers, Elliott waves...1,2,3,4,5 => ABC...February the ABC ended, but there are subwaves and huge wave. See the big chart (Daychart). We have 1,2,3,4 and ALT with 5, right? Around New Year we had the A, B was around 7.1 C was with the double bottom and 6.000, you are right. Right now, in this minute, we are in wave 2 to 3, of course in little subwaves again. Next "bigger target", after BTC price drops now for a little bit as we reached 8570, is 8883.
kesmoments
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the bigger picture is after $5,000. if you're right =)
FloTi
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@kesmoments, absolutely, there is no doubt. But you can also see, in the big picture we are on the way to C...And we know what ABC means, a constant slow way down. But in this ABC, we also have Up and downs obviously