Bitcoin - Overthrow of Triangle - $8200 Likely

8 Eki 2020

I don't have a lot of time to post the details, but if you know Elliott Wave, you know that the final wave of a triangle often overthrows the trend line then reverses quickly. You may also know that there are no triangles in a 2nd wave, unless it's in a 'b' or other combination. I see this as an a-b-c now with the b wave having completed and signaling a final capitulation wave c. From there, we finish wave 2 which means mega fireworks; as a wave 3 often is the fastest and strongest.

I hope I'm way wrong.

JE