Iam a Newcomer in Tradining. I would like too read some comments. The last month i study Eliott Waves and i think ist very effective. But i still Need more experience. So dont take my calls to serious.
Bitcoins first Impulse Wave ( A-B-C ) correction is happeing and "A" has already shown 5 Waves and "A" approved all Elliot Wave Rules. Wave 4 did't retraced to Wave 1 territory and Wave 3 is not the shortest Wave.
Bitcoin is 10.000 now.
"B" Target = 10.850-11.050 USD
"C" Target = 9.750- 9.400 USD ("C" depends from "B" retracement)
Around 9.500 we reach an very bullish retracement of 0.382 Fib from the Impuls Wave began from 6.000 USD.
After "C" has formed we will see an other Impuls Wave probably longer than the first impuls Wave.