SUMMARY
Bitcoin (BTC) day time price action has been putting in continuous all time new highs. I think we can probably see $10,254 or at least $10,000. To that end, the below shows the probable price pathway. Then a correction to around $8300 to maybe $7,900 or so. But still, higher highs can occur before the wave iv correction, especially if wave iii wants to extend further.
Below is an alternate count showing that perhaps a correction could ensue. But again, this is an alternate.
If the wave iv occurs to around $8,300 or so levels, then it would touch the upper blue line of the trend channel as shown by the purple wave 4. Following this, price would then jump towards $13,000 or higher.
Bitcoin Cash (BCH) broke out of its downward pointing symmetrical triangle as shown. Now, price should start impulsing towards 0.3168 BTC
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**