Let's update the bitcoin technical analysis.
Price patterns, elliot wave and fibonacci analysis are applied to Bitcoin.
Check out the analysis from the beginning here:
· https://steemit.com/bitcoin/@luiggih/bitcoin-btc-usd-hammer-time
Updated to...
· https://steemit.com/bitcoin/@luiggih/bitcoin-btc-usd-daily-update-fuck-haejin-s-subscription
Check out the evolution of the hammers!
Still at key levels
We're at confluence levels and price patterns will confirm as soon as bitcoin gets out of this zone of accumulation of positions.
Elliot Wave cycles are made up trends of 5 waves and followed by corrections of 3 waves (a-b-c)
This could be a valid Elliot Wave Count suggesting next bullish pattern in form of wave 3
