SUMMARY
For Bitcoin (BTC), keeping the price above the long term trend line is paramount. The below chart's Elliott Wave short term cound still stands and IF correct, the $8k should be tagged.
From an awareness pespective, keeping the below upward pointing wedge pattern would be helpful. The pattern looks very formed so expecting a minor correction would be prudent.
The smaller wiggles and squiggles of short term price could jive well with the below chart showing the subwaves of the D and E waves.
Here is the zoomed out view of how it all fits in as shown in the yellow circle zone:
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Elliott Wave Counting Tutorial #1
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Tutorial on the use of Fibonacci & Elliott Waves
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