Bitcoin: An alternative Elliot Wave Count

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Bigger time frames today in Bitcoin/USD

Alternative Count: we're at the wave (v) of the MV of a superior cycle wave.

Let's zoom in in Bitcoin/USD

Prior count is still valid. If wave 1 floor holds, wave 2 can have a 100% retracement.

Conclutions

Looking at daily charts is needed. The bigger picture suggest Bitcoin could make a triple bottom.
Also is it possible that we're at ending diagonal triangle which usually leads to a change in trend.


Full size charts: Open in new tab window

Bitcoin: An alternative Elliot Wave Count | Ecency