Bitcoin Corrective Tsunami Underway? (Zoom Out)

The same chart as previously but zoomed out so you can see the ABC corrective wave in its entirety.

Target: $3000-$3600

Kommentera:

Target reached. However, comparing Elliott Waves across major crypto markets (some markets have clearer wave structure that can be used to help fill in the picture in sibling markets), suggests we may have one more leg to go in this wave C subleg. We can easily break through 3000, and perhaps down to 2700 or lower before stability returns.