BTC: update elliot wave counts
Bullish count 1:
This count is bullish within the next few weeks and suggests that this current down trend is only a correction period. Here is the supporting chart which indicates that we have completed wave A and will soon be entering wave B to likely retest the the belly (bottom) of the channel. From there we will likely retest the LONG TERM trend line from January and April
BULLISH: -8K
.
This count is validated with a break below the trend line and 7K, in which supports will be found at 6.5 and 6K roughly
BEARISH:
